Economics @ ITT

Putting China’s Low Household Consumption in Perspective

Posted in economics, International Economics by ittecon on July 22, 2013

It is widely known that China needs to rebalance its economy to rely more on consumption, but the extent of China’s imbalance between consumption and investment is not fully appreciated.  Comparisons to other emerging markets and countries like Japan, Taiwan, and Korea that pioneered the East Asian growth model show that China’s low levels of consumption are unparalleled.

via Putting China’s Low Household Consumption in Perspective | NewAmerica.net.

 

This is an article from 2011, but it was mentioned by Paul Krugman’s latest post.

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