Young people in China aren’t spending on romance. That’s a problem | CNN Business

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.

Hong Kong CNN  — 

During China’s go-go years, young couples holding enormous bouquets of roses were a familiar sight during the Qixi Festival, an ancient holiday celebrating love and loyalty.

People would flock to social media to show off brand-new iPhones and Louis Vuitton handbags gifted by their partners, as well as photos of dinners at fancy restaurants, during the Chinese version of Valentine’s

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

News outlets were sent leaked Trump campaign files. They chose not to publish them | CNN Business

CNN  —  In the hours after President Joe Biden’s historic decision to step aside from the 2024 presidential...

Texas sues General Motors, alleging illegal selling of driver data | CNN Business

New York CNN  —  Texas Attorney General Ken Paxton sued General Motors Tuesday, alleging the carmaker illegally collected and...

How to Implement Ethical AI Practices in Your Company

Opinions expressed by Entrepreneur contributors are their own. Artificial intelligence's promise of heightened processing speed, accuracy and cost-effectiveness are fundamentally reshaping the...