Over the past thirty years Chinese households have enjoyed substantive increases in income and savings and witnessed a rapidly developing financial market offering investment choices and risks away from bank deposits – the traditional form of financial investment. We explore whether this...

Chinese households have enjoyed a rapidly developing financial market offering a wider range of investment choices than bank deposits – the traditional form of investment. Using panel data from the 2013 and 2015 China Household Finance Survey, we examine the relationship between financial...