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China Consumer Spending vs. Savings

Posted By Barry Ritholtz On May 8, 2009 @ 12:30 pm In Consumer Spending | Comments Disabled

If you want to know whether the China story is sustainable, consider this chart — then imagine what the US version of this looks like:

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china-savings-vs-spending-rate [1]
Chart Source: Merrill Lynch, “U.S. Economics, January 2009”


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