domestic consumption
The $1 Meal Economy: Why China’s Youth Are Ditching Luxury for Frugality, and What It Means for Global Investors
A seismic shift is underway as China’s youth trade luxury for extreme frugality due to economic anxiety, with huge implications for the global economy.
China’s Tech Dragon Wakes: Inside the New 5-Year Plan Shaping the Global Economy
China’s new 5-year plan signals a major economic shift, prioritizing high-tech self-sufficiency and domestic consumption amid US tensions and deflation fears.