The ‘Lucky Generation’, those who grew up in the midst of China’s spectacular economic rise and opening up, are worried about their shrinking purchasing power. Photo: Washington Post
The ‘Lucky Generation’, those who grew up in the midst of China’s spectacular economic rise and opening up, are worried about their shrinking purchasing power. Photo: Washington Post

China’s affluent middle-class growing increasingly anxious as prices rise and yuan drops

  • The ‘Lucky Generation’, those who grew up in the midst of China’s spectacular economic rise and opening up, are worried about their shrinking purchasing power
  • Beijing is counting on consumer spending to help bolster economic growth amid the trade war with the United States, but purchasing power is under threat

The ‘Lucky Generation’, those who grew up in the midst of China’s spectacular economic rise and opening up, are worried about their shrinking purchasing power. Photo: Washington Post
The ‘Lucky Generation’, those who grew up in the midst of China’s spectacular economic rise and opening up, are worried about their shrinking purchasing power. Photo: Washington Post
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