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Face-Off: The U.S. vs China
China’s Fortunes
May 14, 2024
Keyu Jin and Elsie Chen discuss China's economic downturn, real estate meltdown, tech entrepreneurs disappearing, college graduates opting out. Elsie Chen's article on 'lying flat' trend. Analysis of Chinese economy, US-China relations, and Taiwan tensions.
38:06
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Quick takeaways
- Chinese youth adopting 'lying flat' lifestyle to rebel against societal pressures and opt out of work culture.
- Challenges in Chinese economy, including housing crisis and youth unemployment, raising concerns about economic direction and US-China relations.
Deep dives
The Rise of 'Lying Flat' in China
A new trend called 'lying flat' among Chinese youth has emerged, reflecting a desire to opt out of societal pressures and expectations. This movement involves some individuals completely quitting work and simplifying their lives, sparking a viral phenomenon. Despite the Chinese government's disapproval and censorship of the trend, it highlights a potential shift in attitudes towards work and lifestyle choices.
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