this post was submitted on 11 Sep 2023
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Rather than pulling back on spending due to China’s gloomy economic backdrop, Gen Z consumers are instead re-evaluating their priorities.

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[–] Pantoffel@feddit.de 1 points 2 years ago* (last edited 2 years ago)

It's somewhat relieving to see Chinese are struggling with similar issues as Germans. It takes the pain a bit. However, driven by a different factor. Here it's housing prices and inflation. There it's jobs.