The "Life in Venice" housing development, a multibillion-dollar replica of the Italian city on the Chinese coast, stands silent. The bargain prices have benefited young people like Chen willing to live in remote but affordable housing now available across the country. "I never believed that work is the meaning of life," Chen said. Quitting the rat raceLike Chen, scores of young Chinese people have left big cities. As the economy slows, young Chinese are struggling to find jobs.

Source: The Telegraph March 02, 2026 05:05 UTC