Open your business account with Statrys 👉 https://bit.ly/StatrysWebsite0:00 Intro1:48 The Switch Nobody Talks About3:53 The Price War You're Losing5:28 The ...
I mean, literally the first link in my reply is saying that household savings in China are at record high levels. 🤷
When the cost of hosing, the basic necessity for living, drops that is in fact a very good thing. And the record high savings number clearly demonstrates that housing is not a primary investment vehicle for majority of the population. As Xi put it, hosing is for living. This was an intentional policy choice and a correct one.
If you think that Chinese society has been financialized then you’re utterly clueless on the subject and have no business discussing it.
I mean, literally the first link in my reply is saying that household savings in China are at record high levels. 🤷
When the cost of hosing, the basic necessity for living, drops that is in fact a very good thing. And the record high savings number clearly demonstrates that housing is not a primary investment vehicle for majority of the population. As Xi put it, hosing is for living. This was an intentional policy choice and a correct one.
If you think that Chinese society has been financialized then you’re utterly clueless on the subject and have no business discussing it.