You may have heard about young consumers in China engaging in what’s known as “consumption downgrade” or even “reverse consumption”. Fierce price wars are present in nearly all sectors, and there are ...
The Chinese economy is, arguably, more imbalanced than ever. The continuous stream of facts and arguments from people like Michael Pettis and Brad Setser show this beyond any doubt. In the context of ...
When 26-year-old Shanghai native Chen Jinyue found herself job-hunting during a difficult stretch for China’s economy, her first move wasn’t to rewrite her résumé. Instead, she booked a tarot reading ...
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