China's job market is under strain as automation and a real-estate crash displace millions. Record 12.7 million graduates face 15.6% youth unemployment. Factory jobs fell by 18 million since 2013, while output rose—signaling automation, not decline. India's PLI scheme has generated 1.45 million jobs, but sustained gains require moving beyond assembly.
Business
China's Job Crisis: 'World's Factory' Doesn't Need Workers Anymore
