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Your Money in Shanghai

Credit card mania is on the rise in China but are banks encouraging people to live beyond their means? Plus, the TV talent show searching for the most talented financial adviser.

Would you be tempted by a credit card dotted with Swarovski crystals? Or, one that gives free beauty treatments? They are some of the perks being offered by China's banks keen to sign up even more customers to the joys of plastic. But are they encouraging some to live beyond their means?

Also, as house prices in China keep rising and the government tries to cool the market, we meet a young professional desperate to get on the property ladder - whatever the cost. Plus, we visit a studio where one TV show searches for China's most talented financial planner - we ask what does it take to be the best?

Paul Lewis and Linda Yueh investigate all the big money stories live from the heart of Shanghai's financial district.

(Photo: The Oriental Pearl Tower and the financial district of Pudong, Shanghai, China. Credit: Daniel Berehulak/Getty Images)

Available now

44 minutes

Last on

Mon 18 Nov 2013 01:06GMT

Broadcasts

  • Wed 13 Nov 2013 09:06GMT
  • Mon 18 Nov 2013 01:06GMT