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Consumer Anxiety in China Undermines Government’s Economic Plans
Keywords:
Tags: Current Focus, Consumer, China,
Young people in China express their anxiety about the economic situation in China on social media sites Weibo and WeChat. People compare the situation today in China with the situation in Japan after 1987. Young people worry about job security, some car-pool to save on gas, and others reduce expenses to increase savings. Lin Mo runs a financial column offering advice to readers on WeChat online site. In 2015 7.5 million new graduates will come out of Chinese universities, up 3% from 2014. There is a great deal of anxiety for these graduates as new job opportunities will be fewer for those not well connected or having skills in high demand.
Ordinary people in China worried about jobs and savings on social media app WeChat in August 2015
08/28/2015
August 2015 with the small devaluation in the currency and the efforts to keep stock prices from falling marks the beginning of a period of austerity in China. Consumers in China express their anxiety about the economic developments on social media sites Weibo and WeChat. Young people in their 30's worry about what it will be like in jobs where job security is weak and who could get laid off.
Grouped Articles
Consumer Anxiety in China Undermines Government’s Economic Plans
New York Times 08/28/2015
Faces in China as a period of austerity begins in August 2015 following a small devaluation and efforts to keep stock prices from falling
08/28/2015
Grouped Articles
Consumer Anxiety in China Undermines Government’s Economic Plans
New York Times 08/28/2015
Faces in China as a period of austerity begins in China in large and smaller urban areas with the slowing economy and debt crisis in August 2015
08/28/2015
Linked Articles
Consumer Anxiety in China Undermines Government’s Economic Plans
New York Times 08/28/2015
Zombie Factories Stalk the Sputtering Chinese Economy
New York Times 08/28/2015
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