
China must do more to lift employment, stabilise housing market: Officials – Times of India
BEIJING: China needs to do more to boost employment and stabilise its property market, top officials acknowledged on Saturday, as policymakers struggle to revive the country’s battered economy.Beijing is grappling with a prolonged property sector crisis, record youth unemployment and a global slowdown hammering demand for Chinese goods.Youth unemployment hit an unprecedented 21.3 percent in…