The household finance issues in China:
Gespeichert in:
| Beteiligte Personen: | , |
|---|---|
| Format: | Buch |
| Sprache: | Englisch |
| Veröffentlicht: |
Singapore
Springer
[2024]
|
| Schlagwörter: | |
| Links: | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035155002&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| Umfang: | xiii, 176 Seiten Diagramme |
| ISBN: | 9789819707058 |
Internformat
MARC
| LEADER | 00000nam a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV049814690 | ||
| 003 | DE-604 | ||
| 005 | 20241125 | ||
| 007 | t| | ||
| 008 | 240809s2024 xx |||| |||| 00||| eng d | ||
| 020 | |a 9789819707058 |9 978-981-97-0705-8 | ||
| 035 | |a (OCoLC)1454751062 | ||
| 035 | |a (DE-599)BVBBV049814690 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-473 | ||
| 082 | 0 | |a 330.01 |2 23 | |
| 084 | |a QL 270 |0 (DE-625)141711: |2 rvk | ||
| 084 | |a WIR 000 |2 stub | ||
| 100 | 1 | |a Zhao, Sibo |e Verfasser |0 (DE-588)1327323796 |4 aut | |
| 245 | 1 | 0 | |a The household finance issues in China |c Sibo Zhao, Dawei Zhao |
| 264 | 1 | |a Singapore |b Springer |c [2024] | |
| 300 | |a xiii, 176 Seiten |b Diagramme | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 650 | 4 | |a Behavioral Finance | |
| 650 | 4 | |a Behavioral Economics | |
| 650 | 4 | |a Economics / Psychological aspects | |
| 700 | 1 | |a Zhao, Dawei |e Verfasser |0 (DE-588)1245568922 |4 aut | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |z 978-981-97-0706-5 |
| 856 | 4 | 2 | |m Digitalisierung UB Bamberg - ADAM Catalogue Enrichment |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035155002&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-035155002 | |
Datensatz im Suchindex
| _version_ | 1820956118103359488 |
|---|---|
| adam_text |
Contents 1 Research Background and Conceptual Definition of Chinese Household Finance . 1.1 The Relevant Concepts and Connotations of Household Finance . 2 1.1.1 Household Finance. 1.1.2 Household Wealth, Household Assets, and Household Asset Allocation . 1.1.3 Household Financial Assets and Financial Asset Selection . 1.1.4 Financial Health . 1.2 The Importance and Necessity of Developing Household Financial Health. 5 1.3 The Importance of Developing Household Finance in the Post-COVID-19 Era. 7 1.4 The Importance and Necessity of Conducting Research on Issues Related to Household Finance . 8 1.5 The Multi-perspective Mindset: Research on Household Finance Issues . 1.5.1 Concerning Research on Technological Innovation and Consumer Rights in Household Financial Consumption. 1.5.2 Development of Household Finance from Different Theoretical Perspectives
. 1.5.3 Research on the Factors Influencing Chinese Household Financial Behavior . 1.5.4 Research on Financial Literacy and Household Financial Health . 12 1.5.5 Regarding Risk Attitudes, Investment Behavior, and Entrepreneurial Activity. 14 References . 1 2 3 4 4 9 9 10 11 15
V1 2 Contents Household Finance in the Digital Technology Era . 2.1 Environmental Analysis of Household Finance in China in the Digital Technology Era . 19 Economic Climate: Steady Economic Growth and the Sustained Rise in Residents’ Disposable Income Have Laid a Solid Material Foundation for Household Financial Behaviors . 20 2.1.2 Social Context: Characterized by the Robust Growth of the Financial Market and the Continuous Enhancement of Household Investment Skills, Plays a Pivotal Role in Fostering the Development of Household Finance . 2.1.3 Policy Environment: The Chinese Government Has Issued a Series of Relevant Policies, and Household Financial Behaviors Are Becoming More Standardized . 2.1.4 Technological Environment: The Rise of Digital Technologies Has Provided Robust Technical Support for the Advancement of Household Finance . The Advancement of Digital Technologies Brings New Opportunities to Household Finance . 23 2.2.1 The Utilization of Digital Technologies Can Help Financial Institutions Reduce Operational Costs, Allowing Them to Allocate More Resources Towards Enhancing the Financial Services Experience for Households . 24 2.2.2 Digital Technologies Help Financial Institutions Expand Service Scope and Increase the Accessibility of Financial
Services . 2.2.3 Digital Technologies Help Financial Institutions Improve Service Efficiency and Quickly Respond to Financial Needs . 2.2.4 Digital Technologies Help Financial Institutions Create New Scenarios and Effectively Help Households to Overcome Liquidity Constraints . 2.2.5 Digital Technologies Make Financial Business Models More Flexible and Provide Diverse Financial Services to Households . 2.2.6 Digital Technologies Can Help Households Improve Financial Literacy and Further Enhance Risk Management Skill by Self-Profiling . 19 2.1.1 2.2 21 22 23 24 24 25 25 26
Contents The Application of Digital Technologies in the Finance Industry Poses Risks to Household Finance . 26 2.3.1 Digital Technologies Amplify the Impact of Financial Risks, Thereby Exacerbating Household Vulnerabilities. 2.3.2 The Illegal and Irregular Operation of Some FinTechs is the Main Factor Threatening Household Financial Security. 2.3.3 Technical and Data Risks May Affect Household Financial Experience . 27 2.3.4 Household Financial Rights Protection Faces Severe Challenges . 28 2.3.5 Insufficient Preventive Intervention Measures May Lead to Irreversible Losses of Household Financial Assets . 29 2.3.6 The Monopolistic Risk Brought About by Digital Technologies May Infringe upon Household Financial Rights . 2.4 The Trends and Prospects of Utilizing Digital Technologies to Promote the Development of Household Finance . 2.4.1 Financial Institutions Can Deeply Cultivate Internet Channels and Further Enhance Household Financial Services Experience . 30 2.4.2 Financial Institutions Can Provide One-Stop Financial Services to Households on a Cloud Platform . 2.4.3 Financial Institutions Can Use Big Data
Technology to Profile Households and Manage the Entire Process of Household Financial Services . 2.4.4 Financial Institutions Can Use Artificial Intelligence Technology to Further Reduce Costs and Increase Efficiency. 31 2.4.5 Financial Institutions Can Use Blockchain Technology to Provide Household Financial Services and Solve Problems Such as Information Asymmetry and Default Disposal . 32 2.4.6 Financial Regulators Should Rectify Unfair Competition on FinTech Platforms . 32 2.4.7 Financial Regulators Can Address the Risks in Financial Industry by SupTech Innovation. 33 2.4.8 Financial Regulators Can Use Sandbox to Verify and Analyze the Applicability of Digital Technologies in Household Finance . References . vii 2.3 27 27 29 29 30 31 33 ^3
viii 3 Contents FinTech, Household Finance and Financial Consumer Protection: Opportunities, Challenges and Countermeasures . 3.1 3.2 3.3 3.4 New Opportunities for Financial Consumer Protection in the FinTech Era. 36 3.1.1 The Application of Digital Technologies Can Fully Protect Financial Consumers . New Challenges for Financial Consumer Protection in the FinTech Era. 39 3.2.1 Regulatory Vacuum and Regulatory Arbitrage Risks Threaten the Rights of Financial Consumers . 3.2.2 Some FinTechs Have Become Systemically Important Financial Institutions, Harboring Significant Cross Risk and Contagion Risk . 40 3.2.3 Inducing Low-Income Financial Consumers to Over-Borrow Can Easily Lead to Debt Repayment Risks. 41 3.2.4 Due to the Advantages of Data and Customer Resources, Oligopoly and Unfair Competition Are Prominent . 41 3.2.5 Data Monopoly and Information Security Risks Are Intertwined and Exist for a Long Time . 42 3.2.6 The Confusion Between Regulators and Regulated Institutions. 42 3.2.7 Some FinTechs and BigTechs Use Media and Social Influence to Guide and Control the Emotions and Behaviors of Financial Consumers . 43 The Application of Digital
Technologies in Financial Consumer Protection. 43 3.3.1 Enrich Financial Consumer Protection Measures with Digital Technologies . 3.3.2 Utilize Big Data Technology and Artificial Intelligence to Achieve Accurate Profiling, Precise Positioning and Efficiency Protection . 44 3.3.3 Based on Blockchain and Smart Contracts, Effectively Protect Financial Consumers . 45 3.3.4 Improve the Supporting Measures for Financial Consumer Protection Through Digital Technologies. Suggestions for Promoting Financial Consumer Protection in the FinTech Era. 46 3.4.1 Strengthen Prudential Management, Prevent Systemic Risks, and Optimize the Overall Environment for Financial Consumer Protection. 35 36 39 43 45 46
ix Contents 3.4.2 3.4.3 3.4.4 3.4.5 3.4.6 3.4.7 References 4 Strict Market Access and Comprehensive Functional Supervision Should Be Implemented to Reduce the Probability of Incidents that Infringe on Financial Consumers. 47 Financial Regulators Should Guide Technology Companies to Provide Technical Support for Financial Institutions to Improve Financial Consumer Protection . 47 Financial Regulators Can Establish a Technology-Driven Regulatory System, Use Technological Means to Address the Risks and Protect Financial Consumers in the FinTech Era . Financial Regulators Should Strengthen Data Management, Establish a Mechanism for Data Flow and Price Formation, and Fully Protect the Security of Financial Consumer Information. Financial Regulators Should Monitor the Business Behavior of Financial Institutions to Ensure Their Stable Operation and Further Reduce the Probability of Incidents that Infringe on Financial Consumer . All Types of Financial Institutions Should Strengthen Publicity and Education on Financial Consumption . 49 . Risk Attitude, Health Status, and Household Financial Investment Behavior. 51 4.1 Origin, Connotation, and Influencing Factors of Family Financial Investment Behavior . 51
4.2 Theoretical and Empirical Research on Household Financial Investment Behavior . 53 4.3 Hypotheses on the Relationship Between Health Status, Risk Attitude, and Household Financial Investment Behavior . 4.3.1 Research and Hypotheses on the Relationship Between Health Status and Household Financial Investment Behavior. 4.3.2 The Study and Hypotheses on the Relationship Between Risk Attitude and Household Financial Investment Behavior. 56 4.4 Empirical Study Based on the 2017 China Household Finance Survey . 58 4.4.1 Data . 4.4.2 Variables . 4.4.3 Models . 4.5 Family Financial Investment Behavior Choices Under Different Health Conditions. 62 47 48 48 49 55 55 58 59 60
X Contents Family Financial Investment Behavior Choices Under Different Risk Attitudes by Gender . 63 4.7 Family Financial Investment Behavior Choices Among Different Groups . 64 4.8 Health Condition, Risk Attitude, and Family Financial Investment Behavior . 64 4.8.1 Analysis of Family Participation in Financial Markets . 4.8.2 Analysis of Proportion of Risk Assets. 4.8.3 Test of the Mediating Effect of Risk Attitude. 4.9 Urban-Rural Disparities in the Influence of Health Status and Risk Attitudes on Household Participation in Financial Markets . 74 4.10 Recommendations for Promoting the Healthy Development of China’s Household Financial Market. 75 References . 4.6 5 Housing Types, Financial Literacy, and Household Financial Investment Behavior. 79 5.1 Characteristics of the Asset Allocation Structure of Residential Household Financial Assets . 79 5.2 Empirical Research and Assumptions on the Impact of Housing on Household Financial Investment Behavior. 5.2.1 Empirical Studies on the “Crowding-Out Effect” . 5.2.2 Empirical Studies on the “Wealth
Effect”. 5.2.3 Research Hypotheses Regarding Housing Types . 5.2.4 Empirical Studies on Housing Loans. 5.3 Empirical Study on the Impact of Financial Literacy on Household Finance Investment Behavior and Hypotheses. 5.4 Empirical Study Based on the 2017 China Household Finance Survey . 85 5.4.1 Data . 5.4.2 Variables . 5.4.3 Models . 5.5 Empirical Results and Analysis. 5.5.1 Empirical Analysisof the Proportion of RiskyAssets . 5.5.2 Test of the Mediating Effect of Financial Literacy . 5.6 The Relationship Between Housing Types and Urban Household Financial Investment Behavior, Along with Development Recommendations . References . 6 The Influence of Mental Accounts and Housing Wealth Effect on Household Finance Asset Allocation. 95 6.1 Research and Hypotheses Based on the Theory of Mental Accounts. 96 64 69 72 77 81 81 82 82 83 84 85 85 87 88 88 90 91 92
Contents xi Research and Hypotheses Based on Housing Wealth Effect . 97 The Impact of Financial Knowledge on Household Financial Asset Allocation . 98 6.4 Empirical Analysis Based on the 2017 China Household Finance Survey . 99 6.4.1 Data . 99 6.4.2 Variables . 99 6.4.3 Models . 100 6.4.4 Empirical Analysis . 102 6.5 Demolition Experience and Participation in Household Finance Risk Asset Investment . 105 6.6 Relationship Between Demolition Experience and the Proportion of Household Finance Risk Asset Investment. 107 6.7 Robustness Test . 108 6.8 ReflectionsBased on Research Conclusions . 108 References . Ill 6.2 6.3 7 113 The Emergence and Connotation of Financial Health Concept . 115 Empirical Research on Financial Health . 116 Theoretical Analytical Framework from a Life Course Perspective
. 117 7.3.1 Age Effects on Financial Health. 117 7.3.2 Period Effects on Financial Health. 118 7.3.3 Cohort Effects on Financial Health . 119 7.4 Development of Age-Period-Cohort Analysis Method . 120 7.5 Empirical Analysis Based on China Household Finance Survey Data . 121 7.5.1 Data . 121 7.5.2 Variables . 121 7.5.3 Models . 123 7.6 Measurement Results of Various Dimensions of Financial Health and Composite Financial Health Index of Chinese Families . 125 7.7 Analysis of Age-Period-Cohort Model for Household Financial Health in China. 126 7.8 Verification of the Two-Factor Model for Household Financial Health in China. 131 7.9 Realistic Analysis and Development Suggestions for Household Financial Health Level in China . 131 References . 134 Age-Period-Cohort
Effects on Financial Health of Household. 7.1 7.2 7.3
xii 8 9 Contents The Influence of Risk Attitude and Borrowing Behavior on Entrepreneurship . 8.1 Concept and Connotation of Entrepreneurship . 8.2 The Relationship Between Risk Attitude and Entrepreneurial Activities: Research and Hypotheses . 139 8.3 The Relationship Between Borrowing Participation and Entrepreneurial Activities: Research and Assumptions . 141 8.4 Empirical Study Based on the 2015 China Household Finance Survey . 143 8.4.1 Data . 8.4.2 Variables . 8.4.3 Risk Attitude . 8.4.4 Participation in Borrowing . 8.4.5 Control Variables . 8.4.6 Model Construction . 8.4.7 Empirical Results andAnalysis . 8.5 Model Analysis of Risk Attitude, Boσowing Participation, and Entrepreneurship Activity. 148 8.5.1 Basic Analysis Results. 8.5.2 Why Docs Risk Attitude Lose Explanatory Power . 8.5.3 Comparison of Urban-Rural Differences in Impact
Effects . 8.6 The Relationship Between Risk Attitude, Borrowing Behavior, and Residents’ Entrepreneurship. 155 References . 137 138 143 143 144 144 145 145 147 148 154 154 157 Financial Exclusion and Entrepreneurship Under the Influence of Financial Literacy . 159 9.1 Entrepreneurship Under the Influence of Business Environment and Individual Factors. 161 9.2 Study on Financial Exclusion and Its Impact on Entrepreneurship . 162 9.3 Research on Financial Literacy and Its Impact on Entrepreneurship . 163 9.4 Empirical Analysis Based on the 2019 China Household Finance Survey . 164 9.4.1 Data . 164 9.4.2 Variables . 164 9.4.3 Models . 166 9.4.4 Instrumental Variables . 169 9.5 Impact of Financial Exclusion and Financial Literacy on Entrepreneurship Decisions and Performance . 169
xiii Contents The Moderating Effect of Financial Literacy on Household Entrepreneurship Under the Background of Financial Exclusion . 172 9.7 Discussion . References . 9.6 ■g . W-. JI W* ■' w" ■. . i.nwiuou i~r» ii ^ц^жд^ . .1 79, 1,117 174 175 |
| any_adam_object | 1 |
| author | Zhao, Sibo Zhao, Dawei |
| author_GND | (DE-588)1327323796 (DE-588)1245568922 |
| author_facet | Zhao, Sibo Zhao, Dawei |
| author_role | aut aut |
| author_sort | Zhao, Sibo |
| author_variant | s z sz d z dz |
| building | Verbundindex |
| bvnumber | BV049814690 |
| classification_rvk | QL 270 |
| classification_tum | WIR 000 |
| ctrlnum | (OCoLC)1454751062 (DE-599)BVBBV049814690 |
| dewey-full | 330.01 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 330 - Economics |
| dewey-raw | 330.01 |
| dewey-search | 330.01 |
| dewey-sort | 3330.01 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000zc 4500</leader><controlfield tag="001">BV049814690</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20241125</controlfield><controlfield tag="007">t|</controlfield><controlfield tag="008">240809s2024 xx |||| |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9789819707058</subfield><subfield code="9">978-981-97-0705-8</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1454751062</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV049814690</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-473</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">330.01</subfield><subfield code="2">23</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QL 270</subfield><subfield code="0">(DE-625)141711:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">WIR 000</subfield><subfield code="2">stub</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Zhao, Sibo</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)1327323796</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The household finance issues in China</subfield><subfield code="c">Sibo Zhao, Dawei Zhao</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Singapore</subfield><subfield code="b">Springer</subfield><subfield code="c">[2024]</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">xiii, 176 Seiten</subfield><subfield code="b">Diagramme</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Behavioral Finance</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Behavioral Economics</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economics / Psychological aspects</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Zhao, Dawei</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)1245568922</subfield><subfield code="4">aut</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Online-Ausgabe</subfield><subfield code="z">978-981-97-0706-5</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung UB Bamberg - ADAM Catalogue Enrichment</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035155002&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-035155002</subfield></datafield></record></collection> |
| id | DE-604.BV049814690 |
| illustrated | Not Illustrated |
| indexdate | 2025-01-11T12:38:00Z |
| institution | BVB |
| isbn | 9789819707058 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-035155002 |
| oclc_num | 1454751062 |
| open_access_boolean | |
| owner | DE-473 DE-BY-UBG |
| owner_facet | DE-473 DE-BY-UBG |
| physical | xiii, 176 Seiten Diagramme |
| publishDate | 2024 |
| publishDateSearch | 2024 |
| publishDateSort | 2024 |
| publisher | Springer |
| record_format | marc |
| spelling | Zhao, Sibo Verfasser (DE-588)1327323796 aut The household finance issues in China Sibo Zhao, Dawei Zhao Singapore Springer [2024] xiii, 176 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier Behavioral Finance Behavioral Economics Economics / Psychological aspects Zhao, Dawei Verfasser (DE-588)1245568922 aut Erscheint auch als Online-Ausgabe 978-981-97-0706-5 Digitalisierung UB Bamberg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035155002&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Zhao, Sibo Zhao, Dawei The household finance issues in China Behavioral Finance Behavioral Economics Economics / Psychological aspects |
| title | The household finance issues in China |
| title_auth | The household finance issues in China |
| title_exact_search | The household finance issues in China |
| title_full | The household finance issues in China Sibo Zhao, Dawei Zhao |
| title_fullStr | The household finance issues in China Sibo Zhao, Dawei Zhao |
| title_full_unstemmed | The household finance issues in China Sibo Zhao, Dawei Zhao |
| title_short | The household finance issues in China |
| title_sort | the household finance issues in china |
| topic | Behavioral Finance Behavioral Economics Economics / Psychological aspects |
| topic_facet | Behavioral Finance Behavioral Economics Economics / Psychological aspects |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035155002&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT zhaosibo thehouseholdfinanceissuesinchina AT zhaodawei thehouseholdfinanceissuesinchina |