FT News Briefing Why China’s youth ‘lie flat’ instead of enduring stress
Aug 5, 2021
Discover why young Chinese people are choosing to 'lie flat' instead of enduring the pressures of high-stress jobs. The discussion delves into this cultural shift as a form of rebellion against economic pressures and the societal expectations surrounding success. It also highlights the government's response and its potential impact on the future of the Chinese Dream. Alongside this, explore innovative investment strategies in the tech sector, including significant moves by venture capital firms.
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China's "Lie Flat" Trend
- Young Chinese people are opting out of stressful work cultures with excessive hours.
- This "lie flat" trend reflects a shift away from the intense 996 work life.
Declining Birth Rate in China
- Chinese youth are delaying marriage and having fewer children due to high costs.
- China's birth rate is declining sharply, projected to be among the world's lowest.
China's Response to "Lie Flat"
- China aims to alleviate stress on families by banning after-school tutoring in core subjects.
- They're also targeting online video games and may address high property and healthcare costs.