Zibei Chen|Minchao Jin
Financial Inclusion in China: Use of Credit
Louisiana State University
limited access credit cause financial vulnerability household economic loss country previous studies shown small portions population developing countries access formal credit focused chinese populations using data 2011 china household financial studies study explores chinese households credit use found half sample 5321 used credit 1977 used formal credit use formal credit associated socioeconomic characteristics household heads eg employment education households eg income net worth findings suggest promoting financial inclusion china involves expanding access formal credit among socially economically disadvantaged households