In China, people are becoming more frugal, which started with the coronavirus pandemic and deepened with the real estate crisis. Generation Z is turning their backs on government spending incentives and increasing their savings…

Angle: China’s Generation Z is becoming increasingly thrifty, posing a risk to economic growth | Reuters

Angle: China’s Generation Z is becoming increasingly thrifty, posing a risk to economic growth | Reuters
In China, people are becoming more frugal, which started with the coronavirus pandemic and deepened with the real estate crisis. Generation Z is turning their backs on government spending incentives and increasing their savings…

https://jp.reuters.com

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