China’s household savings grew fastest in three years in Jan – May amid increasing uncertainties
China’s household savings grew fastest in three years in Jan – May amid increasing uncertainties

China’s household savings grew fastest in three years in Jan – May amid increasing uncertainties

 

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China’s household savings grew by more than 50% year over year in the first five months, the fastest pace since September 2019, as Chinese people save more and slow consumption amid increasing uncertainties caused by the COVID-19 outbreaks . . .

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