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The spiritual economy: young Chinese turn to fortune tellers as anxiety about the future rises (www.theguardian.com)

submitted 2 days ago* (last edited 2 days ago) by throws_lemy@lemmy.nz to c/china@sopuli.xyz

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Economic worries fuel interest in fortune telling

Worries about relationships and jobs are hardly unique to China. But as the country grapples with slowing economic growth, many young people are feeling particularly anxious about the future. So some are turning to xuanxue, or mysticism. Cece, an astrology app backed by Tencent, has been downloaded more than 100m times. The trend has been dubbed the “spiritual economy”.

“The most obvious sign of economic downturn is that, a few years ago, it felt like hardly anyone believed in metaphysics or fortune telling. But in the past two years, such beliefs have clearly become more common,” wrote one Weibo user.

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[–] jaxxed@lemmy.ml 3 points 2 days ago

Ignorant foreigner question: how important is myticism to modern Chinese? Some expat utubers go on tangients discussing events from mystical perspective (horoscopes, symbol interpretation, etc) as though it is more than a curiosity; are such approaches relevant to modern Chinese, or is the T mainly the old guard.