Discussion keeps the world turning.
This is round table.
Hello, everybody.
Welcome to roundtable.
Coming to you from Beijing, I'm he young.
Good to have you join us on today's show.
If you're living in China, you're likely well aware of how ubiquitous mobile payments have become, rendering the physical wallet nearly obsolete.
Today, let's go retro and explore.
The question can cash still help you save?
Is relying on good old fashioned cash truly the secret to building up your savings?
And in the hustle for on the go charging shared power, banks emerged as a savior.
But a decade later, users grumble as prices soar.
What began as a promising solution to battery anxiety has now become increasingly expensive, leaving consumers questioning the fairness of the hike.
For today's program, I'm joined by Xinyu in the studio and Josh Cotterell on the line first on today's show for today's youth in China, they're not only digital natives of the Internet, they're also unfamiliar with the idea of digging through a physical wallet for cash.
But perhaps surprisingly, when it comes to saving money, cash seems to be making a comeback.
Many young people say on the Internet that using cash helps them manage their finances better and save more effectively.
So a quick browse on social media these days, you'll find lots of discussion on young people saying they are financially stretched and looking for ways to save up.
And I wonder, really how truly does that reflect their financial situation?
And also, if you ask me or someone, do you have enough money?
Rarely does somebody say affirmatively, yes.