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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:


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

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[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2009/05/china-savings-vs-spending-rate.png

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