China’s Frugal Young Adults Accelerate Saving, Raising Economic Risks – ournationalconversation
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By Ethan Wang, Yukun Zhang and Ryan Woo BEIJING (Reuters) – The frugal trend that began in China during the economic disruption of the pandemic and deepened amid the crisis in the property market is intensifying as Gen Z shuns government calls to spend, spend, spend and doubles down on saving. On …

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