A survey by HSBC Life Insurance shows mainlanders have the highest savings rate of seven major markets in Asia and put an average 45% of their earnings away in bank accounts or invest in insurance, stocks and funds.The survey, carried out in December with 3,563 respondents aged between 35 to 65, showed mainlanders were more thrifty than Koreans who put away 39% of their earnings, and Taiwanese who saved 37%. Indians and Singaporeans both saved 34% while Hongkongers ranked the second last among the seven markets with a saving rate of 33%. That was only better than Malaysians, who saved 25%. Full Story
