The Importance of Private Consumption in the Chinese Economy

In the United States investment accounts for only 20% of that's 22 trillion dollars of activity in China. 45% is accounted for by investment so we have two relatively you know we have a kind of big brother little brother kind of economy. The Chinese are out investing America despite inflation reduction at a pace of five to one 5 to 1 in photovoltaics and onshore wind right now.