Determinants of China’s Private Consumption: An International Perspective

Kai Guo and Papa N'Diaye

Determinants of China’s Private Consumption: An International Perspective

Gauges the key determinants of China's private consumption in relation to GDP using data on the Chinese economy and evidence from other countries' experiences. The results suggest there is nothing "special" about consumption in China. Rather, the challenge is to explain why the...
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Economy