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Did China miss its chance to fix its economy?
Behind the Money
What's Happening in China?
In other developed economies, once there is a large labor force, governments have typically found ways to build in large social safety nets. In China, none of those things have been sort of substantially provided by the government. So they save at higher rates than almost any other country or similar standing. And basically, you have this huge amount of money that's locked into savings.
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