Ren Zeping: How to Get China’s Super Savers to Spend More
The growing tendency to sock money away in banks poses a challenge to the economic recovery
On May 14, Chongqing held a large-scale job fair, attracting numerous job seekers. Photo: VCG
Chinese people have continued to save at a high rate, indicating that they remain reluctant to spend and tend to favor precautionary savings.
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