Alice Han

So I take your point.

This is hard to see.

And it sounds a little bit like you were describing common prosperity, James, which is kind of died off as a subject.

But I completely agree.

I think that everyday Chinese need to capture more value in the economy.

in order for China to rebalance towards a consumer services-based economy like Japan and the US.

And I think what a lot of people don't realize, and this is a point that I hear time and time again when I'm in China talking to think tank people, is that there's a considerable population

Several hundred million in rural China whose per capita disposable income are significantly more depressed than their urban peers who could see significant upside if they get moved and urbanized into the tier one, tier two, tier three cities.

So there's still a lot of upside, I think, but it will take intelligent policymakers to try to capture that.

And I haven't yet seen signs, but we should definitely read the tea leaves of the March government work report very, very closely and the five-year plan.

which will be announced as well at the March NPC meeting.

All right, let's take one last quick break.

Stay with us.

Welcome back.

A bleak new app is going viral in China, and it says a lot about the loneliness epidemic.

Its original name was Are You Dead?

And the app asks users who live alone to check in every 48 hours or it alerts an emergency contact.

The name of the app has recently been changed to Demormor, which one of the app's founders explains comes from combining death with some nonsense syllables.

With as many as 200 million one-person households projected by 2030, its popularity is being seen less as a morbid humor,

And more as a signal of a growing loneliness and safety crisis among young people.