China's youth adopt 'revenge saving' trend, targeting extreme monthly savings amid economic downturn.
China's youth adopt 'revenge saving' trend, setting extreme monthly savings targets on social media amid economic downturn. Measures include dining at low-cost community canteens and forming savings groups. This contrasts with Gen Zers globally who are accumulating debt. China's young are saving ferociously, rather than splurging, to counter the world's second-largest economy's sluggish state.
July 02, 2024
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