One Voice Of The 'New Boom' In China
NPR
Thursday, October 23, 2014
Update RequiredTo play audio, update browser or
Flash plugin.
Apartment blocks form a symmetrical pattern in Hong Kong, on January 2, 2014. Home prices in the southern Chinese city have risen by 120 percent since 2008, and by more than 30 per cent from their previous peak in 1997, with prices in the luxury market being pushed up by wealthy buyers from mainland China. (Alex Ogle/AFP/Getty Images)
For NPR’s ongoing series about millennials, New Boom, we’ll take a look at what life is like for that generation in China. China may have the world’s second largest economy, but millennials there are under a lot of financial pressure.
Home ownership is a prerequisite to having a romantic partner and is the central concern for many young people – but a standard two-bedroom apartment costs a quarter of a million U.S. dollars, at least.
Yang Zhuo is a Chinese millennial who works as NPR’s news assistant in Shanghai with correspondent Frank Langfitt. Zhuo and Langfitt talk to Here & Now‘s Robin Young about what life is like for Chinese millennials and how many young people view the protesters in Hong Kong.
Guest
Copyright 2024 NPR. To see more, visit https://www.npr.org.
View this story on npr.org
Follow us for more stories like this
CapRadio provides a trusted source of news because of you. As a nonprofit organization, donations from people like you sustain the journalism that allows us to discover stories that are important to our audience. If you believe in what we do and support our mission, please donate today.
Donate Today