Chinese savers stashed away $2.6 trillion last year but property crash will cool 'revenge spending'
February 08 2023, 08:00
Even for a famously frugal nation, Chinese people saved a lot last year. Stuck at home due to Covid restrictions, they socked away a record $2.6 trillion.
Even for a famously frugal nation, Chinese people saved a lot last year. Stuck at home due to Covid restrictions, they socked away a record $2.6 trillion.
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