Title

Does China Save and Invest too Much?

John H. Makin

Does China Save and Invest too Much?

China’s much-praised tendency to save and invest over 40 percent of its GDP has become dangerous and destabilizing, both for China and the global economy. China’s avid savers expect to increase their wealth by forgoing current consumption. There are good reasons to expect that they will be sorely...
Topics: 
Economy
Keywords: 
Investment