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This country has the most financially literate teens — and it’s NOT the U.S.

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More than a fifth of U.S. teenagers lack basic financial literacy skills — and things aren’t improving,

China had the most financially literate teens in the world, according to a report released Wednesday by the Program for International Student Assessment, which evaluates 15-year-old students’ skills and knowledge in science, reading and mathematics every three years across 15 countries.