Weaning China Off Cash: There's No Silver Bullet [View article]
The idea is to get the Chinese into debt by making it easy to spend. Just bear in mind that they are save about 30 percent of their earnings, which means most of their transactions are and will be bank deposits.
Well put sage_brennan - there really isn't a problem to solve here.
-
The idea is to get the Chinese into debt by making it easy to spend. Just bear in mind that they are save about 30 percent of their earnings, which means most of their transactions are and will be bank deposits.
Apr 29 00:31 am
|Rating:
0
0
All Comments by silver-bullet »Weaning China Off Cash: There's No Silver Bullet [View article]
Well put sage_brennan - there really isn't a problem to solve here.