{"id":147982,"date":"2026-10-13T08:59:00","date_gmt":"2026-10-13T12:59:00","guid":{"rendered":"https:\/\/kendallharmon.net\/?p=147982"},"modified":"2026-10-13T15:52:04","modified_gmt":"2026-10-13T19:52:04","slug":"wsj-chinas-weakening-economy-is-creating-a-lost-generation","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=147982","title":{"rendered":"(WSJ) China\u2019s Weakening Economy Is Creating a Lost Generation"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">For months, Ma Yongjian didn\u2019t tell his parents where he was.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Halfway through a master\u2019s degree in computer science, the 27-year-old stopped going to class last year. Software engineering used to be a safe career choice, but the rise of artificial intelligence and a wave of layoffs at Chinese tech companies left Ma convinced he wouldn\u2019t be able to land a good job. He no longer saw the point of studying.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When his roommates left their dorm each morning, Ma would wander Beijing, sitting in parks and looking at stray cats. Earlier this year, he escaped to Dali, a magnet for drifters in China\u2019s Yunnan province known for its scenic mountains and slow pace of life.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">His parents thought he was still in grad school. He didn\u2019t want to worry them.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cBefore, everyone expected life would keep getting better, your income would keep growing. Now, it\u2019s different,\u201d said Ma. \u201cWhen you look at the future, there isn\u2019t much hope.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A generation born during China\u2019s boom years is now entering adulthood with dwindling opportunities<strong>,<\/strong> fiercer competition and a growing sense of despondency that years of hard work have left them no better off than their parents\u2014and, for some, back living with them. Steady jobs are <a href=\"https:\/\/www.wsj.com\/world\/china\/chinese-company-draws-fire-for-laying-off-100-grads-a-month-after-hiring-them-8a85d785?mod=article_inline\" target=\"_blank\" rel=\"noopener\">hard to get<\/a>, pushing millions into the precarious gig economy, while others buckle under a cutthroat work culture.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A <a href=\"https:\/\/www.wsj.com\/world\/china\/china-economy-tech-property-03444d83?mod=article_inline\" target=\"_blank\" rel=\"noopener\">weakened economy<\/a> has shrunk the job market, just as record numbers of college graduates are looking to start their careers.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.wsj.com\/world\/china-economy-gen-z-f9058941\">Read it all<\/a>.<\/p><blockquote class=\"twitter-tweet\"><p lang=\"en\" dir=\"ltr\">China\u2019s Weakening Economy Is Creating a Lost Generation\u2014Young people were taught hard work guaranteed a bright future. They feel burned out and betrayed as good jobs become harder to get.\n@hannahmiao_ @GillSabrie \nhttps:\/\/t.co\/Jdyyo9hqou\nhttps:\/\/t.co\/Jdyyo9hqou<\/p>&mdash; Jonathan Cheng (@JChengWSJ) <a href=\"https:\/\/x.com\/JChengWSJ\/status\/2110015450931245356?ref_src=twsrc%5Etfw\">October 13, 2026<\/a><\/blockquote>\n<script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n","protected":false},"excerpt":{"rendered":"<p>For months, Ma Yongjian didn\u2019t tell his parents where he was. Halfway through a master\u2019s degree in computer science, the 27-year-old stopped going to class last year. Software engineering used to be a safe career choice, but the rise of<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=147982\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,502,149],"tags":[],"class_list":["post-147982","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-china","category-economy"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/147982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=147982"}],"version-history":[{"count":3,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/147982\/revisions"}],"predecessor-version":[{"id":147985,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/147982\/revisions\/147985"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=147982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=147982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=147982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}