Stuart Basten, a professor at the Hong Kong University of Science and Technology, said young couples in China face many challenges due to unemployment.
A strange incident has shaken China. The Chinese government is badly frightened. The whole of India will also be shocked to hear this news. Such a ruckus has started in China that this year there will be more pet dogs and cats than children. That is, in China, which calls itself a superpower, there will now be more pets than children. A report by the investment bank Goldman Shak says that by the end of this year, the number of pets in Chinese cities will exceed the number of four-year-old children. Stuart Basten, a professor at the Hong Kong University of Science and Technology, has said that young couples in China are facing many challenges due to unemployment.
Raising children has become very expensive for these people. So now the people of China are raising pets instead of children. Most of which include dogs and cats. Many Chinese couples like 36-year-old Hansen and 35-year-old Momo are not going for children. Instead, they have become pet parents. According to estimates, by 2030, the number of pets in urban China alone will be almost double the number of young children across the country. If the number of dogs and cats in rural areas is included, the country’s pet ownership rate will be even higher. Goldman Sachs’ estimate reflects the changing values of a generation that no longer supports the traditional thinking that marriage means giving birth and carrying forward the family lineage.
Leader of Opposition in Lok Sabha Rahul Gandhi has stressed the need to focus on production in India and said that China dominates global production and hence it is not facing unemployment while western countries including India and America are facing the problem of unemployment. But you will be surprised to know that in the month of July the unemployment rate of youth in China has reached 17 percent.
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