People in China don’t have a good stock market to invest in to “diversify”. They also don’t have good government programs like social security. The only investments are houses, shops, or your kids. If you chose houses and the market crashes and your kid can’t help, you’re screwed and will likely end up on the street.
People in China don’t have a good stock market to invest in to “diversify”. They also don’t have good government programs like social security. The only investments are houses, shops, or your kids. If you chose houses and the market crashes and your kid can’t help, you’re screwed and will likely end up on the street.