Chinese need to spend to spur economic growth, but fears give them pause

And there is plenty to spend. After three years stuck at home, the Chinese have amassed a huge pool of savings, the article states.

aichina0503_10.webp

China has been able to stick to its aim of keeping the surveyed urban unemployment rate at 5.5 per cent for December 2022. PHOTO: REUTERS

March 6, 2023

And there is plenty to spend. After three years stuck at home, the Chinese have amassed a huge pool of savings, the article states.

scroll to top