Two meals for $1: Why China's youth are not spending

Chinese youth are embracing frugality amid economic challenges, with high youth unemployment and concerns over home ownership and job security leading to a reluctance to spend. Social media influencers promote minimalist lifestyles and budget eating, with some showcasing how to have two meals for $1. China aims to boost domestic spending, as the youth prioritize saving and face uncertainty in the job market, highlighting the country's transition to a high-tech economy impacting job opportunities.