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flag Chinese Gen Z is saving more, lessening spending and potentially hurting economic growth.

flag China's Gen Z is rapidly increasing savings, bucking the government's push for spending. flag This trend, fueled by economic uncertainties and highlighted on social media, sees young adults sharing money-saving tips, potentially weakening domestic consumption and economic growth. flag Increased saving among the youth could lead to reduced spending and impact the economy negatively, as policymakers rely on consumption to boost GDP.

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