Internet censors have removed a viral speech by Gao Shanwen, a prominent Chinese economist, who warned that the lack of opportunities for young people is significantly hindering economic growth, which he claimed has been overstated in recent years, as per Radio Free Asia.
Speaking at an investor conference in Shenzhen, Gao, chief economist at SDIC Securities, highlighted that instead of pursuing promising careers and spending money in the economy, young people in China are cutting back and "turning off the lights and eating noodles," a phrase used to describe those in financial distress due to failed investments Radio Free Asia reported.
This story is from the December 06, 2024 edition of The Daily Guardian.
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This story is from the December 06, 2024 edition of The Daily Guardian.
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