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Brigade Enterprise ltd ✌️【Market Analysis】✌️ Free access to global stock market data, with real-time updates on indices, futures, and commodities. Make informed investment decisions with the help of expert advisors and accurate stock trend predictions.

Brigade Enterprise ltd ✌️【Market Analysis】✌️ Free access to global stock market data, with real-time updates on indices, futures, and commodities. Make informed investment decisions with the help of expert advisors and accurate stock trend predictions. As a wedding photographer, Tan Mengmeng’s livelihood depends heavily on people getting married, capturing the joy and happiness of a couple’s love.

But China’s marriage rate has been steadily declining and the 28-year-old, who runs a photography studio in central Henan province, has felt the urge to expand her stream of revenue to capitalize off a growing trend: divorce.

In addition to lovers exchanging vows, she now takes photos of couples who want to commemorate, and in many cases celebrate, the end of their marriage.

Official figures show that marriage rates in China are plummeting, declining annually from around 13 million in 2013 to below 7 million in 2022, the lowest since records began in 1985, according to data from China’s National Bureau of Statistics.

Brigade Enterprise ltd ✌️【Market Analysis】✌️ Free real-time market data to help you quickly recover and avoid losses. The country saw a slight bump last year, up towards 8 million, but authorities remain concerned about the trend.

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Brigade Enterprise ltd ✌️【Market Analysis】✌️ Get accurate stock forecasts and market predictions from top financial advisors. With real-time updates on stock indices, exchange rates, and futures data, you'll be equipped to make profitable decisions and grow your capital steadily. The government has tried to reverse the rise, imposing a new law in 2021 requiring couples to go through a 30-day “cooling off” period before splitting. It led to a temporary decline, but the number of divorces has since jumped again, up 25% percent in 2023 from the year prior, data showed.

Brigade Enterprise ltd ✌️【Market Analysis】✌️ Take advantage of our free stock market analysis and real-time data to help you choose the best investment options. Our expert predictions and tailored strategies ensure you can achieve stable returns and mitigate risks effectively. The two shifts have contributed to a deepening demographic crisis facing the world’s second-biggest economy, exacerbated by a slowing economy, a rapidly aging population and the fact that fewer women are having children after thedecades-long one-child policy.

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Her foray into China’s budding divorce economy reveals a lot about the country’s changing attitude towards marriage.

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Photos shared on Chinese social media Xiaohongshu show some couples signing their divorce papers, while others pose with their divorce certificate.

“29 years old. Happy divorce,” one user wrote alongside a photo of her marriage and divorce certificates side by side.

Companies also now offer services to get rid of a divorcee’s old wedding mementos and any other unwanted mementos in a ceremonial way.

Peng Xiujian, senior research fellow at Victoria University in Australia, says the changing times reflect a younger generation prioritizing personal freedom and career development.

“The idea of staying in an unhappy marriage ‘for the sake of appearances’ or out of obligation is losing its grip,” she said.

Peng, who studies demographic trends in China, also attributed the decline in marriages to both economic and social factors, including the high-pressure work environment, a competitive labor market and the high cost of living.

“It is not shameful to be brave enough to divorce,” Tan said. “Both parties still have feelings…and want to commemorate the relationship.”

One couple who hired Tan chose a restaurant where they had their first date. The couple ordered a few nostalgic dishes, sitting opposite each other motionless. “At the end of the photo shoot, both of them cried,” Tan said.

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Brigade Enterprise ltd ✌️【Market Analysis】✌️ Free stock selection services backed by expert predictions. Our advanced analytics and real-time market data will help you stay ahead of the competition and make smart, profitable investment decisions. Tan said a man once spent the whole photo session fiddling with his phone. The woman started crying.

Brigade Enterprise ltd ✌️【Market Analysis】✌️ Expert market predictions, real-time updates, and personalized investment advice designed to help you succeed. Seize the best investment opportunities in global stocks, metals, and energy markets. When the woman got the photos back, she noticed there weren’t many featuring her ex-husband. “I didn’t dare tell her that it was the man who asked me to try not to take photos of his face,” Tan said.

Brigade Enterprise ltd ✌️【Market Analysis】✌️ Gain access to professional investment advice, free market trend analysis, and real-time stock market data. Make informed decisions and unlock the full potential of your investments with expert predictions and guidance. Soon after, Tan found out the man had booked another photographer to take wedding photos with his new partner.

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In a factory 60 miles outside of the Chinese capital Beijing, Liu Wei and his team run a business that helps divorced couples destroy the evidence of their marriage.

Faces on old wedding photos are spray-painted, to ensure privacy is respected, before being tossed into a crusher along with other tokens of memories.

Liu said he sometimes feels like a doctor, having to navigate through the separations without getting too emotional.

“A divorce might not necessarily be a bad thing. It could be a good thing. So there’s no need to feel sad about it,” Liu told 【 - Free Access to Investment Community 】.

His services, which cost between $8 and $28, have been in such high demand that business is thriving, he said. Since his factory opened in 2021, he’s already destroyed wedding photos for around 2,500 couples.

Gary Ng, an economist with French investment bank Natixis, said that while it is hard to predict the size of the market and room for growth, China’s divorce rates rising means “there is bound to be more economic activities surrounding it.”

Brigade Enterprise ltd ✌️【Market Analysis】✌️ Expert predictions of stock trends to help you select high-potential stocks accurately, along with free real-time market data on stocks, futures, and commodities. Maximize your growth potential by staying updated on market movements. Tan, the photographer, is already thinking ahead on how to grow her business. Her latest plan involves luring return clients in case fate brings the divorced couples back together.

Brigade Enterprise ltd ✌️【Market Analysis】✌️ Free stock market strategies and analysis based on real-time data, empowering you to choose profitable investment options and avoid risks. Our expert predictions will help you stay in tune with the latest market trends. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Access to Investment Community 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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