While their lives were improving, many Chinese citizens were happy with the deal they had struck with the Communist Party. That is no longer guaranteed. | ANALYSIS | Eryk Bagshaw
For as long as the economy was growing, food was on the table and their children had greater opportunities than they had, many of China’s citizens were happy with the grand bargain they had struck with the Communist Party.
One in five young Chinese in the major cities is now unemployed, the highest level of youth unemployment since records began. Caixin’s Purchasing Manager’s Index – a key measure of economic activity and business conditions – has plummeted in both the services and manufacturing sectors. The index falls with each surge of new cases and as restrictions tighten, businesses close and more workers lose their jobs.
“This used to be bustling in the past. It’s all locked up now,” she said. “But you are not concerned because you all have salaries. The money and deposit of ordinary people are feeding you now. What are you? You are a parasite! You eat us, peel our skin, drink our blood, and eat our flesh. Do you know how miserable the lives of ordinary people are?”
“Everyone is heavily impacted and at this moment, we don’t know how we’re going to get out,” said a member of the European Chamber of Commerce in China who asked not to be identified because the protests are politically sensitive. President Xi Jinping now faces questions about both his handling of COVID-19 and the Communist Party’s role in managing the state.are on the fringe of the movement. Some have been asked by fellow protesters to tone down their criticism of the party and focus on the goal of ending COVID restrictions.
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