People in China are so worried about the economy they're asking for divine intervention | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Disillusioned by the deteriorating economic outlook, young people in China are flooding to Buddhist and Taoist temples to pray for divine intervention in securing jobs, getting into good schools or becoming rich overnight.

Disillusioned by the deteriorating economic outlook, young people are flooding to Buddhist and Taoist temples to pray for divine intervention in securing jobs, getting into good schools or becoming rich overnight. Data released this week showed Chinese exports fell 7.5% in May from a year ago, much more than expected, as global demand waned. Factory activity contracted again last month, and youth unemployment stands at a record high.

Social media has also fueled the boom in temple tourism, as young people like to share their experiences on social networks, she added. Emei and Jiuhua are two of China’s famous “four sacred mountains of Buddhism,” home to the country’s largest Buddhist temples and cultural heritage sites. Emei Mountain in southwestern Sichuan province received 2.48 million visitors between January and May, up 53% from the same period in 2019, before any pandemic restrictions were imposed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CNN Chairman and CEO Chris Licht is out | CNN BusinessCNN chairman and chief executive officer Chris Licht is leaving the network, according to a person with direct knowledge of the matter
Source: CNN - 🏆 4. / 95 Read more »

China sees biggest trade increase with Russia in 2023, Chinese customs data shows | CNN BusinessBilateral trade between Russia and China totaled more than $93.8 billion from January to May in 2023, a 40.7% increase compared to the same period last year, data from China’s General Administration of Customs showed.
Source: cnni - 🏆 326. / 59 Read more »

China's exports tumble in May as global demand falters | CNN BusinessChina’s exports shrank much faster than expected in May and imports fell, albeit at a slower pace, as manufacturers struggled to find demand abroad and domestic consumption remained sluggish.
Source: cnni - 🏆 326. / 59 Read more »

Lionel Messi's signing sparks sharp rise in Inter Miami ticket prices | CNN Business“Messi mania” has reached the United States, if ticket prices are any indication. On Wednesday, soccer superstar Lionel Messi said he’s going to join the Major League Soccer club Inter Miami, a blockbuster announcement that shocked the sporting world.
Source: CNN - 🏆 4. / 95 Read more »