{"id":321460,"date":"2025-08-06T03:17:14","date_gmt":"2025-08-06T03:17:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/321460\/"},"modified":"2025-08-06T03:17:14","modified_gmt":"2025-08-06T03:17:14","slug":"saving-amid-a-property-crisis","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/321460\/","title":{"rendered":"saving amid a property crisis"},"content":{"rendered":"<p data-component=\"paragraph\" class=\"css-1l5amll e1y9q0ei0\">Open up the balance sheet of a typical Chinese household, and you will see plenty to worry about on both sides of the ledger. <a href=\"https:\/\/www.economist.com\/china\/2025\/07\/07\/why-so-many-chinese-are-drowning-in-debt?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=drumtower&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners\" target=\"_blank\" rel=\"noopener\">Household debt<\/a> is higher than it was a decade ago, while savings are concentrated in bank deposits or bricks and mortar. This conservative approach to saving may have worked in the past\u2014but now it\u2019s showing signs of strain amid a faltering <a href=\"https:\/\/www.economist.com\/china\/2025\/06\/01\/china-is-waking-up-from-its-property-nightmare?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=drumtower&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners\" target=\"_blank\" rel=\"noopener\">property market<\/a>, stagnant wages and growing debt distress.<\/p>\n<p data-component=\"paragraph\" class=\"css-1l5amll e1y9q0ei0\">In a two-part series, we\u2019re asking Chinese families, young professionals and business owners about their money troubles. This week, Jiehao Chen, The Economist\u2019s China researcher, and Simon Cox, our China economics editor, explore how the dream of security through home ownership became a nightmare.<\/p>\n","protected":false},"excerpt":{"rendered":"Open up the balance sheet of a typical Chinese household, and you will see plenty to worry about&hellip;\n","protected":false},"author":2,"featured_media":321461,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1395,1700,16,15],"class_list":{"0":"post-321460","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-china","10":"tag-economy","11":"tag-uk","12":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114979657803307916","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/321460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=321460"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/321460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/321461"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=321460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=321460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=321460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}