The past couple of years…China has been trying to push its people into buying more….more. pushing the buying of cars especially. Homes have always been a top tier desire.
Because they are really a saving culture….they have not Social Security to fall back on.
So many live like Mr. Scrooge. (have money saved up…but live like a pauper.)
But then you have many that are very wealthy and have that desire to show off their wealth.