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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


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