The ups and downs of the two economies prove the validity of the theory that savings are the foundation of prosperity.
The ups and downs of the two economies prove the validity of the theory that savings are the foundation of prosperity.
Comment /  Opinion

Chinese economy will overtake America’s - thanks to Chinese values of thrift and hard work

Peter Wong says China's economy is going from strength to strength because of ordinary people's ability to save, while spendthrift America sinks under its welfare burden

Peter Wong
Peter Wong

Updated: 8:37pm, 5 Jan, 2015

Why you can trust SCMP
The ups and downs of the two economies prove the validity of the theory that savings are the foundation of prosperity.
The ups and downs of the two economies prove the validity of the theory that savings are the foundation of prosperity.
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