Daily Cuts - What does China's youth unemployment mean for its future?

China's unemployment rate among 16- to 24-year-olds has reached a record high of 21.3 per cent. This is four times higher than the overall urban unemployment of 5.2 per cent, and it’s also the sixth consecutive increase since January. Dr Sarah Tong, Senior Research Fellow at the East Asian Institute, NUS, shares about major trends driving China’s youth unemployment rate, and what it means for the country's future.