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Has Covid-19 Ended China’s Consumption Boom?

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Manage episode 261603629 series 1934709
Content provided by Wǒ Men Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wǒ Men Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

As China continues to recover from the Covid-19 crisis, some experts expected to see a strong consumption rebound in recent weeks. However, it didn’t happen. Instead, the amount of saving in the first quarter of 2020 surged in China. Many Chinese, including the post-’90 and post-’00 generations who are used to living paycheck to paycheck, have started to save money. Seemingly, the global pandemic has changed many families’ and individuals’ consumption habits and lifestyles — at least in the short term.

For this episode of the Wǒ Men Podcast, our three co-hosts share their different views on consumption and money-saving and how Covid-19 has changed their outlook when it comes to personal finances.

  continue reading

84 episodes

Artwork
iconShare
 
Manage episode 261603629 series 1934709
Content provided by Wǒ Men Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wǒ Men Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

As China continues to recover from the Covid-19 crisis, some experts expected to see a strong consumption rebound in recent weeks. However, it didn’t happen. Instead, the amount of saving in the first quarter of 2020 surged in China. Many Chinese, including the post-’90 and post-’00 generations who are used to living paycheck to paycheck, have started to save money. Seemingly, the global pandemic has changed many families’ and individuals’ consumption habits and lifestyles — at least in the short term.

For this episode of the Wǒ Men Podcast, our three co-hosts share their different views on consumption and money-saving and how Covid-19 has changed their outlook when it comes to personal finances.

  continue reading

84 episodes

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