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2024-12-24 09:04:41 UTC

Jack of all trades on Nostr: "After decades of rapid growth, many Chinese millennials and Gen Z people feel that ...

"After decades of rapid growth, many Chinese millennials and Gen Z people feel that the opportunities that were available to their parents no longer exist, and that working hard no longer offers guaranteed rewards."

https://www.theguardian.com/world/2024/dec/24/what-is-neijuan-china-viral-buzzword-laptop-bicycle

#China is more similar to the western nations than it cares to admit, speedrunning economic development, including all the problems of capitalism.

Chinese #economy could work better for the Chinese people, but the leaders don't want to give up any power.