Quote:
Originally Posted by CunningStunt
Are Chinese and Indians allowed credit cards?  |
Yep, they are
A friend of mine hosted an exchange student from China. One night I basically interrogated her to find out about business opportunities there. Many Chinese people have credit cards, the problem is that many of them don't have much money. The average person only brings in around $4,500 - $5,000 US per year. That is for people living in the cities. Those living in the country make much less.
That said they do love American products. The entire time she was here she wanted stuff that actually was stamped, Made in the USA - not easy to find BTW, everything sold here is made in China. She said her friends all want American music, American clothes and American stuff. So they will spend their money, it is just a matter of finding out what they want and how to sell it to them.