Gold, dollars? China’s middle class unsure where to invest amid market chaos
Eric Li, a mid-level manager at a state-owned enterprise in China, recently sold a two-bedroom flat in Tianjin for 2 million yuan (US$275,700) – about 20 per cent more than he paid for it 12 years ago. The investment yielded almost no net gain after deducting renovation costs and interest payments, but Li said he