For historical reasons, it is not a good idea for social harmony to have a bunch of college educated without job prospects. It leads to social unrest, and the Communist Party has studied how revolutions start. So can Chinese government supply enough of the jobs the college graduates want? Assembly jobs are not acceptable to most Chinese graduates, they expect more.

From the NY Times:

Faltering Economy in China Dims Job Prospects for Graduates - NY Times

Labels: china's future