Millions have opened accounts in the last decade, but China’s banks still strive for financial inclusion
Qi Shengli had always been distrustful of banks, figuring the safest place to keep his life savings was buried in his bedroom. “I might forget the password or number code when I decided to make a withdrawal,” the 60-year-old Sichuanese farmer explained to China Daily.
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The Great Unbanked is a story from our issue, “Curiosities and Quests.” To read the entire issue, become a subscriber and receive the full magazine.