From China’s job market woes to the US Fed cutting interest rates, here’s a round-up from today’s coverage
As China hosts its annual defence conference, the Beijing Xiangshan Forum, Defence Minister Dong Jun outlined the country’s priorities and aims.
The US Federal Reserve has announced that it will cut interest rates by a quarter of 1 percentage point in a widely anticipated move. The US central bank also expects two more quarter-point cuts this year.
China’s urban youth unemployment rate rose last month to the highest level since the data set was adjusted in 2023, as career prospects for young people have weakened amid an economic slowdown.
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