Chinese attitudes to life and economics

Despite all that has been written about the economic powerhouse that China is becoming, the basic approach to life and economics remains largely the same. A recent survey of Chinese women produced the following results:

65.23% subscribe to ‘jianku pusu, jingda xisuan’: a hard and simple life requires careful calculation and strict budgetting.

19.45 % prefer ‘meiyou jihua, suibian hua’: random spending without plan.

11.19 % follow ‘sheng duoshao, hua duoshao’: spend as much as you earn.

Only 4.13 % are comfortable with ‘daikuan xiaofei’: getting a loan to consume what you want.

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2 thoughts on “Chinese attitudes to life and economics

    1. True enough, especially in western China. A very good income in China is equivalent AUD $50,000 per annum. On the other hand, it is noticeable that the core approach still seems to influence policy at a macro-level, with massive savings in a ‘sovereign fund’ – as they call it in other parts of the world.

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