“Revenge spending” is the post-coronavirus buzzword in China. It’s the impulse to shop after months cooped up in quarantine. But the phrase actually dates back to the 1980s, when China’s economy opened up. So what does it actually mean, and are people in China really spending with a vengeance?<br /><br />If you liked this video, we have more explainers about the Chinese internet, including:<br /><br />Why Chinese People Are Obsessed With 666<br />https://www.dailymotion.com/video/x6sh5ex<br /><br />How Did 1024 Come to Represent Porn?<br />https://www.dailymotion.com/video/x6sq0wn<br /><br />Follow us on Instagram for behind-the-scenes moments: http://instagram.com/goldthread2<br />Stay updated on Twitter: http://twitter.com/goldthread2<br />Join the conversation on Facebook: http://facebook.com/goldthread2<br />Have story ideas? Send them to us at hello@goldthread2.com<br /><br />Producer: Clarissa Wei<br />Editor: Hanley Chu<br />Animation: Annie Hall<br />Mastering: Victor Peña <br /><br />Music: Audio Network<br />
