Price of parenting: the household maths giving China’s consumers pause
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Source: South China Morning Post
Published: 2026-07-26 16:00 UTC+10:00
Section: South Korea
Factuality Score: 92
Opinion Category: Neutral
Topics: Business, Asia, South Korea, Economy & Finance, China, Tax & Budget, Property & Housing, Business & Economy, Asia Pacific
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Snippet:
Falling property wealth, job insecurity and sky-high childcare costs are forcing middle-class families to aggressively scale back consumer spending
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