China Auto Financing Tripling by 2017 Spurs Vehicle Sales: CarsBloomberg News
Mia Zhao says her parents, part of the generation that came of age in the 1970s, before China introduced free-market reforms, would never spend beyond their savings. Zhao, by contrast, has no problem with debt if it helps her get the things she wants -- like an $88,000 BMW 530Li.
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