Investment options are limited amid stock market rout, dull housing market and falling interest rates
Sat, Aug 01, 2015 - 5:50 AM
'Chinese households face the same dilemma as American ones: where do you find a return with real estate flat, emerging markets disappointing, and commodities down.'
- David Dollar, senior fellow at the Brookings Institution
WEI Lili is running out of investment options. Apartment prices in her city of Wuhan are beyond her reach even after a recent property slump, and the volatile stock market is too great a risk.
"It takes more than a million yuan to buy a flat, and stocks are like a roller...