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Young get thrifty in times of crisis

China Daily | Updated: 2009-01-06 07:49

China's office workers are tightening their belts, cutting spending on everything from clothes to fast food, despite government efforts to boost consumption to stave off the worst effects of a global recession.

Websites popular among young Chinese professionals are extolling the virtues of frugality as the global financial crisis bites China's economy.

Wang Hao, a 24-year-old Beijing office worker, launched his campaign in June to curb weekly living expenses to 100 yuan. So far, he says, he has 55,000 participants.

Young get thrifty in times of crisis

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