BEIJING: Yueqianzu, or people who are in debt at the end of every month, has edged out yueguangzu, or people who spend all their income by the end of every month, as the new buzzword.
Unfortunately, neither group knows how to handle money well, and that reflects the lack of financial education in China.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!