Embracing Informality: Designing Financial Services for China's Marginalized

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notes 1. C h i n a ’s G D P. T h e Te l e g r a p h . Retrieved from http://www.telegraph. co.uk/news/worldnews/asia/ china/6248768/Chinas-GDP.html 2. Central Intelligence Agency. (2012). China. Retrieved November 1, 2012, from The World Factbook database. 3. Number of Millionaires in U.S. Decreases but Spikes Worldwide. (2012, June 5). Time. Retrieved from http://business.time. c o m / 2 0 1 2 / 0 6 / 0 5 / n u m b e r- o f millionaires-in-u-s-decreases-butspikes-worldwide/ 4. Gao, Q., Evans, M., & Garfinkel, I. (2009). Social Benefits and Income Inequality in Post-Socialist China and Vietnam. Oxford: OUP. Retrieved November 1, 2012, from http://www. umdcipe.org/conferences/policy_ exchanges/conf_papers/Papers/gaoevans-garfinkel.pdf 5. Consultative Group to Assist the P o o r / T h e Wo r l d B a n k . ( 2 0 0 9 ) . Financial Access 2009: Measuring Access to Financial Services around the World. Washington, DC: Author. Retrieved from http://www.cgap.org/ sites/default/files/CGAP-FinancialAccess-2009.pdf 6. U n i t e d N a t i o n s D e v e l o p m e n t Programme, China Country Office. How Many Are Unbanked? Inclusiveness of the Chinese Financial Sector. Retrieved November 1, 2012, from http://www.undp.org.cn/ modules.php?op=modload&name=N

ews&file=article&catid=0&topic=12&s id=4180 7. Ibid. 8. Chan, A., & Jia, T. (2011). The Role of Mobile Banking in Facilitating Rural Finance: Reducing Inequality in Financial Services between Urban and Rural Areas. The Accenture Institute for High Performance. Retrieved November 1, 2012, from http://www.accenture.com/ SiteCollectionDocuments/PDF/PoVMobile-Banking-051611-EN.pdf 9. Gao, Q., Evans, M., & Garfinkel, I. (2009). Social Benefits and Income Inequality in Post-Socialist China and Vietnam. Oxford: OUP. Retrieved November 1, 2012, from http://www. umdcipe.org/conferences/policy_ exchanges/conf_papers/Papers/gaoevans-garfinkel.pdf 10. How Household Savings Stack Up in Asia, the West, and Latin America. (2010, June 10). Business Week. Retrieved from http://www. businessweek.com/magazine/ content/10_25/b4183010451928. htm 11. China’s Mobile Subscribers Up 1 Percent in July at 1.06 Billion. (2012, August 22). Reuters. R e t r i e v e d f r o m h t t p : / / w w w. reuters.com/article/2012/08/22/ china-mobilesubscribersidUSL4E8IN0PV20120822 12. In China, Investment to Expand E-Payments. (2010, March 11). The


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