An electronic board shows Shanghai and Shenzhen stock indices as people walk on a pedestrian bridge at the Lujiazui financial district in Shanghai, China April 2, 2025. REUTERS.
Beijing: At the heart of why consumers in China save so much and spend so little, and why Xi Jinping will struggle to change that behaviour even if they want to, lies the country’s stock market.
Even after a recent rally, Chinese indexes have only just returned to levels seen in the aftermath of a dramatic bubble burst a decade ago.
