HomeNewsNewsChina’s ‘DINK’ generation—double income, no kids—is upending economic stability

China’s ‘DINK’ generation—double income, no kids—is upending economic stability

In Beijing’s Chaoyang district, 32-year-old ‘Peter’ Liu has created his vision of what an ideal millennial life in modern China should look like. He shares his 680-square-foot apartment with his girlfriend, who goes by Cecilia, and their energetic, bread-colored French bulldog named Sweet Potato. According to Liu, he earns “pretty decent” money selling insurance. With their dual income, they earn enough for their day-to-day life, a monthly stipend for his parents who live in northern China, vacations, and trips to their favorite luxury shop, Louis Vuitton. 

“We feel it’s not necessary to have kids, so I guess we’re not traditional in that sense. Every time my parents call, we end up arguing. They keep asking when we’re going to give them grandchildren. But Cecilia and I are having a good life now without kids,” Liu told Fortune. 

Yet Liu’s lifestyle is becoming commonplace in a country that has…

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