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The 3 burdens for China’s middle-class
This three-part series explores the current state of consumption across China, including a look at the expenses that many families find most pressing.
Updated: 17 Aug, 2023
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[1]
China’s parents splurge to give ‘gold-swallowing beasts’ an educational edge
Two years after a tutoring crackdown sent China’s parents scrambling to ensure that their children would not be mediocre, study trips and summer camps are finding success while private tutoring services have gone underground.
15 Aug, 2023
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[2]
China’s medical spending grows as population ages but insurance fund risks loom
In difficult economic times, Chinese people have become increasingly reluctant to tap into their savings, but healthcare costs are on the rise as the population gets older and people invest more in their well-being.
16 Aug, 2023
[3]
‘Hang on to cash’: China’s would-be homebuyers opt to wait out housing downturn
Many are calling for a loosening of home- and car-buying restrictions that major cities such as Beijing have imposed for years, to help avoid a hard landing in the property market that would have deep economic implications.
17 Aug, 2023