Young adults in middle class Chinese families are seeing increased access to their family's wealth. With the growing ubiquity of digital payments and consumer goods, they are spending at an ever increasing rate. But for young adults from less privileged financial backgrounds, high disposable incomes and glamorous shopping items may be out of reach. This paper is designed to analyze the development of financial literacy among all groups of young adults in China and assess the rationality of their financial behavior. I sought to determine the correlations between financial literacy, family income and fiscal prudence. I applied methods like OLS regression, entropy weight model and significance test to establish firm correlations. I hypothesized children of wealthier families would behave in a more financially reasonable way as they tend to have access to more education and general financial information. Thus, I would test using initial hypothesis that more privileged children will react and shop more prudently, which is further proved in the sections below.

Understanding the interaction between habits and income can be an efficient way to economically improve income and this paper serves to figure out the effectiveness of health-related income factors and gender differences in these factors using regressions, interaction effects and fixed effect model estimations. I used China Health and Nutrition Survey (CHNS) for 2000, 2004, 2006, 2009, 2011 and 2015 and expected the study to be representative of the general population in China. Results show clear effect of these factors, with that smoking can negatively associate with income and tea, coffee, alcohol, and exercising be in positive association. Also, gender differences are tested and interpreted. Extensions include discuss pathway through which these factors influence income, urban residence’s interaction effect with these factors and yearly differences. Main findings are concluded for future possible uses, as policy makers for women’s economical empowerment programs may refer to the statistics and find the area that return the most such as drinking tea and quitting smoking.

Chinese market is relative new for fast food chains. In this article, we will explore the competition between the McDonald's and KFC. We will review two papers, each one focusing on one different aspect of the competition mode we are studying. For the Mayer's model, we can apply the profit's concept into our Hotelling model. For the electoral vote model, we can incorporate the concept of market share. We will try to quantify the variables involved in the real world fast food market. We will assume an imaginary line of positions for the firms to choose. Then, in the section of Theoretical Nash Equilibrium, we will try to solve the strategic setting and apply the principles further in the extensions. Finally we will find empirical evidence, which conforms perfectly to our propositions. To sum up, we propose that KFC and McDonald's clustering at the center are of reason, generating maximum profit and market share, creating a stable Nash Equilibrium.