I recently read in an article that more Chinese peolpe are starting to save more of their income. This is a new phenomema because things like health care and education were paid for by the communist governement. However, the Chinese economy is going through many drastic changes. Health care and quality education are starting to become luxuries that everyone cannot afford. Many Chinese are not so sure about their future and they are worried about the what lies ahead. Some may argure that capitalism is for the better in China. However, their seems to be a growing separation of the classes. Some have the foresight to realize that a good capitalist is also a frugal capitalists. Something to think about in this spend happy time of year.
.