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Thank you for your Padlet wall and analysis.  You may want to include the Trade war between China and US and how the US has impose trade restrictions on US firms China, i.e. the Hwawei incident, how US firm, google/android disallow their platform to be used on their smart devices.  You may also want to mention the Youth unemployment in China and how new graduates have problem looking for jobs.  Hope to see your written report.

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Thank you for your Padlet wall and analysis.  You may want to include the Trade war between China and US and how the US has impose trade restrictions on US firms China, i.e. the Hwawei incident, how US firm, google/android disallow their platform to be used on their smart devices.  You may also want to mention the Youth unemployment in China and how new graduates have problem looking for jobs.  Hope to see your written report.

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Concepts that are applicable to our topics

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Concepts that are applicable to our topics

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- Unemployment Rate
- Inflation
- GDP
- Trade war with China & USA

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The GDP of the country is being affected due to the tensions between China and the US which has caused many to loose their jobs.

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REUTERS: Huawei Technologies is preparing for a 40 per cent to 60 per cent decline in international smartphone shipments, Bloomberg reported on Sunday (Jun 16).

The Chinese technology company is looking at options that include pulling the latest model of its marquee overseas smartphone, the Honor 20, according to the article, which cited people familiar with the matter.

The device will begin selling in parts of Europe, including Britain and France, on Jun 21, the report said. Executives will be monitoring the launch and may cut off shipments if the sales are poor, it said.

Marketing and sales managers at the tech giant are internally expecting a drop in volumes of anywhere between 40 million to 60 million smartphones this year, the report said.

In order to offset overseas decline, Huawei is aiming to grab up to half of China's smartphone market in 2019, Bloomberg said. The company did not respond to a Reuters request seeking comment.

The US government put Huawei, the world's largest telecommunications equipment company, on a trade blacklist in May that bars US suppliers from doing business with it because of what Washington says are national security concerns.

At the time, Huawei founder and chief executive Ren Zhengfei said the restrictions "may slow, but only slightly" the company's growth.

A similar US ban on China's ZTE Corp, almost crippled business for Huawei's smaller rival early last year before the curb was lifted.

The company's woes are feeding into trade tensions between Washington and Beijing. President Donald Trump has said US complaints against Huawei could be resolved within the framework of any trade deal.

The ban has been eased slightly to allow a temporary general license that lets Huawei purchase US goods.

However, Broadcom sent a shockwave through the global chipmaking industry last week when it forecast that the US-China trade tensions and the Huawei ban would knock US$2 billion off this year's sales.

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Huawei prepares for 40%-60% fall in international smartphone shipments: Report

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(Updated: ) Share on Facebook Share on Twitter Share via E-Mail REUTERS: Huawei Technologies is preparing for a 40 per cent to 60 per cent decline in international smartphone shipments, Bloomberg reported on Sunday (Jun 16).

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The acceleration of CPI inflation mainly comes from the pork price rather than general rise in  prices. Producer price inflation rose 0.4 percent from a year ago in March. Consumer price index rose 2.3 percent.

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China's March consumer inflation rose to a five-month high due to rising food prices, data from the country's National Bureau of Statistics released Thursday showed.

Consumer price index (CPI) in March rose 2.3 percent from a year ago - the quickest pace since October 2018. It was lower than the 2.4 percent rise forecast by economists Reuters polled, but higher than February's 1.5 percent increase.

Food CPI was up 4.1 percent on year in March, up sharply from a 0.7 percent on-year rise in February due to a seasonal rise in vegetable prices and an on-year rise in pork prices, said the statistics bureau. Farmers in China have been culling their hogs in a bid to stem the spread of African swine fever, driving up pork prices.

Non-food CPI was 1.8 percent, little changed from February's 1.7 percent rise on-year.

Producer price inflation (PPI) picked up for the first time in nine months, easing deflation fears amid China's bilateral trade war with the U.S.

China's PPI - a gauge of industrial profitability - rose 0.4 percent from a year ago in March. It came in line with expectations of analysts polled by Reuters. February PPI was up 0.1 percent on-year.

"I don't think inflation is the focus right now of the central bank in China. They've got huge capacity; in fact, they've got overcapacity in most sectors," said Andrew Collier, managing director of Hong Kong-based Orient Capital Research, citing the global economic climate and domestic liquidity concerns as Beijing's key issues.

Even though food inflation was higher, price increases were still mostly in control, Collier told CNBC's "Street Signs on Thursday.

However, Nomura said the People's Bank of China may ease monetary policy to reach the government's 3.0 percent inflation target in 2019.

"The acceleration of CPI inflation comes mainly from pork prices rather than a general rise in prices and, unless inflationary pressures spread to other areas, the central bank will more likely look through the cyclical acceleration in pork prices and continue to support the economic growth via its monetary policy easing bias through the rest of this year," the Nomura economists wrote in a note on Thursday.

The world's second-largest economy is being closely watched for signs of damage stemming from the trade war between Washington and Beijing.

Treasury Secretary Steven Mnuchin said that the U.S. and China are making progress on a trade deal - including a mechanism for enforcing the terms of any agreement.

Mnuchin made those comments to Sara Eisen on CNBC's The Exchange on Wednesday, though he did not elaborate on what an enforcement mechanism would look like.
- Reuters contributed to this report.

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China's consumer inflation driven to 5-month high as pork prices rise

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China's March consumer inflation rose to a five-month high due to rising food prices, data from the country's National Bureau of Statistics released Thursday showed. Consumer price index (CPI) in March rose 2.3 percent from a year ago - the quickest pace since October 2018.

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China is facing a structural rather than a cyclical problem as the country is creating a sufficient number of high quality positions to soak up its educated youngsters.

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Hence, China's youth unemployment issue has a rather different characteristic: On the one hand, high-school-level-educated youngsters are more likely to find jobs given that there is a shortage of such labor. On the other, there is a big pool of qualified graduates who are having a hard time to find the jobs that they desire.

Youth unemployment in China: tales of two parties

Low-skilled youth may find jobs easily right now, but if the country's economic development slows this group may experience increasing difficulty in finding or maintaining jobs. Furthermore, since these jobs are often low paid and rarely come with social security such as unemployment insurance, these young laborers face various forms of social hardship such as unstable income and little or no old-age pension. This could create a severe problem as this segment of the population tends to be the most irrational, unstable and aggressive, as history has shown.

Top university graduates, like those in the West, will be able to find the jobs to their liking. But with the proliferation of universities, there will be ever more graduates rolling out second-tier universities. While are be unable to compete for jobs with the top university graduates, they're reluctant to take up low-level and lowly paid works.

( Read more: The China risk you may have forgotten about)

These so-called "啃老族" would rather stay at home and rely on the parents for subsistence than taking up jobs that they do not like. Parents often play encourage this behavior; many parents have to hold on to low-skilled jobs to put their children through university, thus finding it unacceptable that their offspring would end up in same sort of job they are in. Instead, they keep their children at home and pressure them to pursue better jobs.

From this arises another problem: many graduates decide to continue their studies, making them even more qualified, and in turn they're only willing to consider better salaried jobs.

China needs to move quickly to reform its economic foundations. Instead of simply throwing money into expanding its manufacturing capacities, it has to invest in improving those industries such as professional services sectors and creative industries to take full advantage of the talent and skills of the young Chinese. If the current trend continues it could lead to social instability that would affect everyone in the country. In this respect, youth unemployment is surely a crisis in the making.

Terence Tse is an Associate Professor in Finance at ESCP Europe Business School in London. Mark Esposito, Associate Professor of Business & Economics, Grenoble School of Management & Harvard University Extension School.

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Jobless youth in China: Crisis in the making?

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Hence, China's youth unemployment issue has a rather different characteristic: On the one hand, high-school-level-educated youngsters are more likely to find jobs given that there is a shortage of such labor. On the other, there is a big pool of qualified graduates who are having a hard time to find the jobs that they desire.