The 28-year-old’s first job offer comes from a large state-owned enterprise to work as a manager for its infrastructure projects in Russia. But despite this, overseas vacancies for Chinese workers are rising. 11:11 The reasons behind China’s high youth unemployment rate The reasons behind China’s high youth unemployment rateChina’s non-financial outbound direct investment rose 12.7 per cent year on year to US$115.7 billion in the first 11 months of 2023. Currently, there are several million Chinese people working overseas in oilfields , infrastructure construction sites or Chinese-invested factories. However, working overseas will become an increasingly popular option as many middle-class families need a stable cash flow to pay their mortgage instalments and family bills.

Source: The North Africa Journal January 01, 2024 16:12 UTC