From VOA Mandarin: China’s ‘lifeless’ millennials struggle with rising cost of living

 

FILE – University graduates attend a job fair in Wuhan, in China's central Hubei province, Aug. 10, 2023. As the economy slows, many young Chinese are sharing their money-saving tips on social media.

As the Chinese economy slows down and the job market becomes more competitive, tens of thousands of young Chinese are resorting to money-saving challenges and sharing their frugal feats on social media. Some youths participating in money-saving trends limit monthly food expenses to no more than $70, or around 500 yuan.

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By:VOA