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Chinese Gen Z is saving more, lessening spending and potentially hurting economic growth.
China's Gen Z is rapidly increasing savings, bucking the government's push for spending.
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.
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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El gen chino Z está ahorrando más, disminuyendo el gasto y potencialmente perjudicando el crecimiento económico.