18-year-old Tina Hong and Gen Z Chinese invest in gold beans due to deflation, low bank rates, and volatile stocks.
18-year-old Tina Hong and other Gen Z Chinese are investing in gold beans due to deflation, low bank interest rates, and a volatile stock market. Gold beans, weighing as little as 1 gram, are seen as a safe investment in uncertain economic times. As a result, young Chinese are increasingly purchasing gold jewelry, bullion, and beans, leading to a larger consumer trend for all things gold in China.
March 16, 2024
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