More than one in five young people in China are jobless. The government blames college graduates, insisting that their expectations have gotten too high. WSJ’s Brian Spegele unpacks why new grads are holding out and what it could mean for China’s economy.

Further Reading:

-How Bad Is China’s Economy? Millions of Young People Are Unemployed and Disillusioned 

-China’s Economic Recovery Weakens 

Further Listening

-Xi Jinping Is Rewriting the Rules of China's Economy 

Learn more about your ad choices. Visit megaphone.fm/adchoices