BEIJING: Two developments in China’s economy are worth our attention: The increase in bank savings keeps slowing. A large amount of capital keeps pouring into the stock market.
Bank savings have been sharply rising over the last decades. But a brake seems to have been put on the increase late last year. Moreover, the long-term increase in bank savings continued to drop in the first four months of this year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!