Chinese Millennials Turning to Frugal Lifestyles

NTD Newsroom
By NTD Newsroom
October 8, 2022China in Focusshare

To spur the economy, Chinese authorities are pinning their hopes on consumption. But a trend that’s emerged in the younger generation is running against their wishes: a growing number of Chinese millennials and Gen Z are turning to a frugal lifestyle.

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