this post was submitted on 26 Oct 2024
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$1.80 dinners and budget clothes? The spread of frugality is hurting China's economy (www.latimes.com)
submitted 1 week ago by schizoidman@lemm.ee to c/nottheonion@lemmy.ml
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cross-posted from: https://lemm.ee/post/45792214

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[–] davel@lemmy.ml 14 points 1 week ago (8 children)

It is not the Chinese working class is who is getting soaked by those, it is foreign and domestic capitalists.

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“We will scale up the building and supply of government-subsidized housing and improve the basic systems for commodity housing to meet people’s essential need for a home to live in and their different demands for better housing,” an English-language version of the report said.

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