Odd Lots · Thursday, July 2, 2026
Dan Wong points to a significant economic challenge in China: youth unemployment is officially over 15% and approaching 20%. Many college-educated young people, particularly men, are resorting to delivery driver jobs due to a lack of better opportunities, while wealth remains heavily concentrated in property, which has seen a substantial decline.
“And yet, and yet, take a look at how people are, especially young people. Youth on employment according to the official data, is you know, north of fifteen percent training close to twenty percent.”
“The college educated young people, mostly men, are doing delivery drivers because they can't find great jobs.”
“Property has fallen by twenty five to thirty percent across all these big cities.”