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China's Gen Z turns frugal as economy doubts linger

SHANGHAI/NEW YORK -- At 24 years old, Zhang Ru is not a target customer of the Shanghai community dining hall where she has become a regular. Clean and brightly lit, the eatery typically caters to the elderly with its cheap meals of stir-fried Chinese cabbage and braised pork belly.

But over the past year, the place has become a frequent haunt for Zhang. "Eating here gives me better value for money," said the new recruit at a software company. "It helps by keeping my food bills below 100 yuan ($14) daily," she added, stressing she needs to save for the future.

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