Cash,Condo,Car,Career=Chinese 4 C's

Chinese people save more than a third of their total income.

I heard about this mind set with the young Chinese singles that I became friends with in China. Subterranean slum to marriage. My tour guide in Beijing told us about the 4 C's. Dad loved it!
This BBC clip explains:   LINK FOR BBC VIDEO ON MODERN DAY CHINESE YOUNG LOVE

"Upon arrival, Yang, who is in his twenties, gestured for me to follow him and we headed down a series of wide concrete steps.

If I don't own my own home no decent Chinese girl is ever going to consider marrying me  Yang Jiahe

At the bottom we turned into a corridor running the entire length of the building - a good 200 metres (218 yards). There were no windows and florescent bulbs illuminated the place with a harsh flat light.

I could hear the soft murmur of voices and, at the end of the corridor, saw a cluster of people laughing and talking in the communal washing and cooking area.

But the space where they live was not designed for long-term human habitation. Yang, along with more than one hundred other people, lives in a converted bomb shelter.

It is estimated that a million people live in similar converted bomb shelters and cellars across China."
Savers not spenders: Chinese women are very practical, he told me: "You need to have your own house to be an eligible bachelor, so I have to go through this to be able to afford it."

"What about love?" I asked. "If I met someone I really liked I'd chase her," Gong told me with a rueful smile, "but if she was a practical girl I don't think I'd manage to catch her."

It is this link between owning property and finding a wife which is an issue for the world economy. It is a key reason why the Chinese save so much of their money. Chinese people save more than a third of their total incomes, way more than Americans, for example, who currently set aside just 5% of their incomes. Many countries have been urging China to boost domestic demand. They want the Chinese government to persuade its citizens to save a little less and to spend a little more in the hope that they will buy more products from abroad.  But so long as it is near impossible to find a wife without first buying a property, then it is going to take a lot to persuade young Chinese men like Yang Jiahe and Gong Benru to stop squirreling away their money.