CHINA-INTERNAL: INDICATORS OF ECONOMIC SLOWDOWN
|
Over the weekend of August 18-20, a post by Chinese blogger Ming Na and headlined “This Generation of Young Chinese, Brace for the Bitter Days Ahead,” by Ming Na, a blogger, received more than 300,000 views on the social media platform WeChat. She advised young people to stop going to shopping malls and nightclubs. “The age of the consumption downgrade,” Ms. Na wrote, “has arrived with a big crashing sound.”
|