China’s consumers, officials and statisticians all lack confidence
Strange solutions to a barrage of bad economic news
China’s economic problems are distinctive. Inflation is too low, not too high. Many cities have too much housing, not too little. The country’s unmatched saving rate suggests it is, if anything, making excessive provision for its future.
This article appeared in the Finance & economics section of the print edition under the headline “Uncounted”
Finance & economics August 19th 2023
From the August 19th 2023 edition
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