SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Moominoid who wrote (28579)2/9/2003 12:29:49 AM
From: RealMuLan  Read Replies (1) of 74559
 
>>But they borrow from other Chinese people in the US? And from Chinese banks in places like San Gabriel, CA (LA suburb)? <<

I do not live in CA, so not sure whether they borrow from the Chinese banks. But I think even if they do, they borrow it for buying house, or car, not other things. I think Koreans are borrowing from each other (a lot of Korean small business people borrow from each other), not Chinese.

Relatively speaking, some Chinese from Taiwan who have lived here long enough are more likely willing to borrow personal debt (except for buying house or cars). My aunt has some credit card debt. I guess the group of Chinese I was talking about are from China (mainland), and most of them have professional jobs. But even if Chinese students who only lived on limited scholarships would not borrow money for every day consumption.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News