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Frugal is the new trend for young Chinese as the economy falters

Frugal is the new trend for young Chinese as the economy falters

BEIJING, Sept 19 (Reuters) – Before the pandemic, Doris Fu imagined a different future for herself and her family: a new car, a bigger apartment, fine dining on weekends and vacations on tropical islands. Instead, the 39-year-old marketing consultant from Shanghai is one of many Chinese in their 20s and 30s cutting spending and saving …

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US railroads to suspend grain shipments ahead of possible shutdown - farm sources

US railroads to suspend grain shipments ahead of possible shutdown – farm sources

CHICAGO, Sept 13 (Reuters) – Some U.S. railroads will begin halting crop shipments on Thursday, a day before a possible work stoppage, an agricultural association and sources at two grain cooperatives said on Tuesday, threatening exports and producers. livestock feed deliveries. As farmers begin harvesting fall crops that are shipped to meat and biofuel producers, …

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