Marriage Falls in Asia, Transforming Finances and Families

Marriage Falls in Asia, Transforming Finances and Families

That child, Song Zongpei, now 28, is using a path that is different. Ms. Song stocks an apartment that is rented Beijing with two roommates and it is concentrating on her job and her funds. She will not see marriage or motherhood in her own instant future. The most important thing for me is personal development,” Ms. Song said“At this stage.

Less Chinese folks are engaged and getting married, a change with profound implications for Asia’s financial and life that is social. The decrease in marriages means a decrease within the wide range of children, and possibly less shelling out for houses, devices along with other family-related acquisitions — the sort of investing Asia needs to drive growth that is economic. Continue reading