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Not the [email protected]English • 3 months ago

$1.80 dinners and budget clothes? The spread of frugality is hurting China's economy

www.latimes.com

cross-posted to:
nottheonion

38

$1.80 dinners and budget clothes? The spread of frugality is hurting China's economy

www.latimes.com

@[email protected] to

Not the [email protected]English • 3 months ago

cross-posted to:
nottheonion

Chinese consumers have become increasingly frugal. Experts say that's bad news for the country's economy.

cross-posted from: https://lemm.ee/post/45792214

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@imapuppetlookaway
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2•3 months ago
This is an old story, except for the LA Times. The guy on Money and Macro explains the situation better in this vid: https://www.youtube.com/watch?v=7bOSWQttmvU