As China’s Economy Stutters, the Elderly Are Emerging as Big Spenders


Zheng Peijun hasn’t let China’s “zero-COVID” restrictions stop her having a good time.  Before the pandemic, the 60-year-old used to go on vacations all over the world: to the United States, Southeast Asia, and a dozen different European countries. This year, she’s had to stay within China, but she’s traveling even more than before. This week, she’s spending the National Day holiday hiking with her … Continue reading As China’s Economy Stutters, the Elderly Are Emerging as Big Spenders