Not looking at GDP, looking at “hard power”: youth unemployment rate 18.9%, AI continues the Great Leap Forward September 21, The New York Times reported that, as China’s unemployment rate for non‑student youth aged 16‑24 rose to 18.9% and consumption and real estate remain sluggish, Beijing is still preparing to pour massive resources into artificial intelligence. Bloomberg previously said China is planning to invest about $295 billion over the next five years to build... Xi Jinping[Xi Jinping][Beijing]