Word: survey
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...HSBC recently conducted a survey on saving and spending patterns among the middle class in six Asian cities: Hong Kong, Kuala Lumpur, Shanghai, Seoul, Taipei and Tokyo. Surprisingly, it was Shanghai's middle class that stood out as having the highest propensity to spend. Nearly three out of four Shanghainese who answered the survey said they agreed with the statement that "people nowadays will choose a balanced spending and saving mode rather than sacrificing to save." Of this group, 47% said they saved only what was left at the end of the month; almost one out of three said they...
...This is not to say that mainlanders are as profligate as, for example, middle-class Americans, whose savings rate is zero. The survey shows that they are value-conscious. Although they are exposed to new trends in high-fashion consumption through the media, many middle-class Chinese still regard "luxury" as a synonym for "unnecessary waste." They tend to buy luxury items such as watches and jewelry sparingly and only when shopping outside the mainland...
...aside large chunks of their income because the government no longer provides cradle-to-grave benefits as it did under a purely communist system. But China's urbanites are not just stashing away money to fund retirement and meet rising medical costs. Many Shanghainese respondents to the HSBC survey said their two main motivations for saving were to buy real estate (the majority already own at least one property) and pay for their kids' education. Travel was listed as the third most important reason to save. Only 14% of respondents said they were saving for retirement...
...testament to the 47-year-old photographer's determination in the face of the city's merciless wrecking ball. In 320 pages and over 1,000 photographs, Erh and other photographers capture many of the city's surviving historic residences, hotels, cinemas and municipal buildings-creating a sweeping survey of the architectural and cultural treasures that could be threatened by relentless development. "When these buildings went up in the 1920s and '30s, a great deal of money and thought went into creating a beautiful city," says Erh. "Since then, so many new skyscrapers have gone up haphazardly without any aesthetic...
NASCAR's ratings may have fallen, but at least one Nielsen metric has gone up: wine consumption among NASCAR fans jumped 22% in 2006 compared with the previous year, according to a Nielsen Sports survey. Former racer Randy Lynch helped drive the increase as the first team owner to slap a wine logo on a stock car--in 2003--for his Bennett Lane brand,which has received 90+ scores from Wine Spectator. This year Richard Childress, owner of three Nextel Cup teams and two Busch series teams, will target first-time wine drinkers with his Childress Classic, a checkered-flag...