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Originally posted by CanadianDream420
This is a surprise how???
Economics 101 taught me if you were a producer nation, rather than a consumer nation, you'll have more market control and be better off.....'
[edit on 16-11-2009 by CanadianDream420]
Clearly, capitalism is a hit in Communist China. Older generations still save half their paychecks, but that trend's reversing as a nation of young shopaholics is born. Salaries for young, urban Chinese have almost tripled in less than a decade from $858 to $2,300 a month, but people in their 20s and 30s save next to nothing.