What is China's unemployment rate?
What is China's unemployment rate? Monthly surveyed urban unemployment rate in China September 2021-2023. In September 2023, the surveyed unemployment rate in urban areas of China ranged at 5.0 percent, down from 5.2 percent in the previous month. The quarterly unemployment rate in China stood at 5.2 percent in the second quarter of 2023.
How much does the US owe China?
China is one of the United States's largest creditors, owning about $859.4 billion in U.S. debt. 1 However, it does not own the most U.S. debt of any foreign country. Nations borrowing from each other may be as old as the concept of money.
Will China overtake us?
Reports say that China's gross domestic output would not surpass that of the US until the middle of the 2040s, and even then, it won't be by much before “falling behind” at that point. Prior to the pandemic, they predicted that China would seize and maintain the top spot by the beginning of the following decade.