Following the Yuan

Following the Yuan

Life in China: When economic indicators and lived experience diverge | Following the Yuan

After speaking with over 50 residents in more than 10 cities and towns she visited this year, Wanqing writes about the things that cannot be priced into markets.

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Wanqing Chen
Dec 30, 2025
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Editor’s note: Like the U.S. this year and Japan in early 2000s — where economic indicators from GDP to the stock market point upward, it’s not necessarily translated to optimism on the ground. This reported essay sheds light on individuals in China behind these numbers.

About the author: Wanqing Chen is a multimedia journalist and writer focusing on gen…

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A guest post by
Wanqing Chen
stay curious. multimedia journalist and filmmaker. ex-Associated Press. former equity analyst with a BSc and MSc in financial engineering. www.wanqingchen.com
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