Chen, Zibei.

Financial knowledge and behaviors of Chinese migrant workers an international perspective on a financially vulnerable population / [electronic resource] : Zibei Chen & Catherine M. Lemieux. - pp. 462-486.

Making informed financial decisions is crucial to the wellbeing of Chinese migrant workers. Using interview survey data (N = 329), this study examined financial knowledge and behaviors of migrant workers in China. Results showed that participants demonstrated low levels of financial knowledge (51.4%) and beneficial financial behaviors (51.0%). Multivariate results indicated that a modest proportion of the variance in financial behaviors was explained by financial knowledge, attitudes, and socio-demographic characteristics (e.g., marital status and income). Findings underscore the importance of disseminating culturally-relevant educational interventions to financially at-risk, low-paid migrant workers in China.




Mode of access: Internet.

Chinese migrant workers, financial behaviors, financial knowledge, financial literacy

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