The Chinese Consumer: Savings and Spending
Join Data Talks
Why do Chinese households start saving at just $8 a day, when in the US that threshold is closer to $60? And what would it take for China's 1.4 billion people to spend more?
In this episode of Data Talks, we're joined by Dr. Bert Hofman, a leading expert on East Asia who spent decades at the World Bank and lived and worked in China, Indonesia, the Philippines, and Singapore. Bert first arrived in Beijing in 1992, when China's income was around $1,000 per person and the city streets went dark at night to save energy. He has followed the country's transformation ever since.
In…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.