5/15/2012

China Banking, Lesson #1 - Melody walks into a bank

Thanks to the wonderful tweeples @mtwirth and @melodychia, I learn tons about the daily business that is Chinese retail banking. Can't wait for more to come.


Here's lesson #1: Attempting to withdraw money.
As a feature, it's a good way to prevent a bank run or lower the savings rate - something other economies might want to copy (Chinese patent pending?).