USEUROPEAFRICAASIA 中文双语Français
Home / Comment

Pumping up power of consumption: China's solution or pitfall?

By Andrew Moody and Lyu Chang in Beijing | China Daily | Updated: 2013-06-20 07:38

Pumping up power of consumption: China's solution or pitfall?

Pumping up power of consumption: China's solution or pitfall?

Top economist sounds alert on overspending, report Andrew Moody and Lyu Chang in Beijing.

Does China need to consume more?

Despite the Chinese being famous across the world for snapping up luxury goods, household consumption as a share of GDP was 37.7 percent in 2011, according to the latest World Bank figures.

Pumping up power of consumption: China's solution or pitfall?

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US