Consumption or investment? Where China's household spend their pent up bank deposits is a key issue for world economy. . China's bank deposits now exceed 120trn yuan ($18trn), over 100% of last year’s gdp, and 13trn yuan more than pre-pandemic trend line.
economist.com/finance-and-ec… https://t.co/pX0WvypVyx
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…