For Wei Yongshi, the Sichuan earthquake of 2008 was a wakeup call.
The disaster killed more than 80,000 people. If all those lives could be taken in an instant, the retired science teacher realized, what are we saving all this money for? Beyond the existential, there's the practical: Holding money can diminish its value, he said.
Here's an interesting analysis of the rising middle class consumer in China, and its outlook on shopping for consumer goods, including home furnishings.
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Source: Global Atlanta