Chinese credit card usage growing quickly, study finds

(Phys.org)—In the past two decades, the Chinese economy has undergone many drastic reforms in an effort to compete more effectively on the international market. These reforms included allowing foreign banks to offer credit ...

Chinese-Americans don't overborrow, study finds

Bad mortgage loans and rampant consumer debt were two of the primary causes for the recent economic recession in the U.S. Despite a national trend of debt problems, a University of Missouri researcher has found one American ...

Economists suggest gold investments are risky

As the price of gold continues to rise and public uncertainty of the economy increases at a similar pace, many investors are turning to a traditional fail-safe: gold. However, it's a growing bubble that may be ready to burst, ...

Chinese households save more than American households, study finds

With the global economy in a state of unrest, saving money seems to be an obvious strategy for households to protect themselves. But are global households saving enough? Researchers at the University of Missouri have compared ...

page 2 from 3