A $420 camera for $10: China’s young consumers would rather rent than buy. It’s a problem for the government and the economy.
Young Chinese are renting cameras, drones and camping gear instead of buying them. It’s a clever way to save money — but also the latest challenge to Beijing’s effort to get consumers spending.
Young Chinese are renting cameras, drones and camping gear instead of buying them. It’s a clever way to save money — but also the latest challenge to Beijing’s effort to get consumers spending. This story matters for Finance & Markets readers tracking largecap. Reported by marketwatch.com. Read the full original at the source link below.
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