Core Insights - The article discusses the challenges faced by China's first generation of only children, who grew up in affluent families but now confront economic pressures and personal uncertainties as they enter adulthood [11][23]. Group 1: Background of the Only Child Generation - The first generation of only children in China, born in the 1980s and early 1990s, were raised during a period of economic transition and were often provided with abundant resources by their parents [11]. - These children were given opportunities such as overseas travel and access to prestigious educational institutions, which were intended to enhance their future competitiveness [11][10]. Group 2: Personal Experiences and Challenges - Individuals like Mike and Fangzi, representative of this generation, initially enjoyed a comfortable lifestyle supported by their parents, but later faced difficulties in achieving independence and stability in adulthood [10][12]. - Mike's experience highlights the pressure of finding suitable employment after graduation, especially in a saturated job market where the number of graduates has reached 8.2 million [19]. Group 3: Economic and Psychological Impacts - The article notes that many in this generation are experiencing anxiety and a sense of loss as they realize that the advantages of their upbringing do not guarantee success in the current economic climate [23][24]. - Fangzi's reliance on her parents for financial support and decision-making illustrates the psychological dependency that persists even as they attempt to establish their own families [18][26]. Group 4: Future Considerations - The narrative raises concerns about the potential for the next generation to inherit similar challenges, as parents worry about their children's ability to navigate life independently [28]. - Both Mike and Fangzi are beginning to recognize the need for financial prudence and emotional independence, indicating a shift in mindset as they confront their realities [24][26].