中国人不再买？当全球都在消费中国货，唯独中国人自己勒紧裤腰带

Core Insights - The article highlights a paradox where China is experiencing strong export growth while domestic consumption remains weak, indicating a significant challenge for the Chinese economy [1][3]. Group 1: Economic Context - China's export value is expected to exceed its import value by $1 trillion this year, suggesting that while China produces for the world, it is not benefiting from a corresponding increase in domestic demand [1]. - The reliance on global consumers for economic stability is becoming increasingly complex due to escalating trade tensions, particularly with the United States [3]. Group 2: Consumer Behavior - The anticipated "revenge spending" post-pandemic has not materialized; instead, there is a trend towards "revenge saving," as households prioritize savings over consumption due to economic uncertainty [12][15]. - Many families are experiencing financial strain, with rising costs in healthcare and education, leading to a reluctance to spend even when they have assets [15][22]. Group 3: Employment and Income - Official statistics indicate a stable unemployment rate of around 3% for those over 30, but this masks the reality of many middle-aged individuals who have transitioned to lower-paying jobs [9][11]. - The average pension for over half of China's retired population is approximately $1 per day, severely limiting their consumption capacity [19][20]. Group 4: Future Outlook - Experts suggest that China's economic model is unbalanced, with a need to shift focus from investment in infrastructure to investing in human capital, such as healthcare and education, to stimulate consumer confidence [23][26]. - The government's current strategies may take time to yield results, and immediate expectations for a turnaround in consumer spending should be tempered [26].