Domestic economy at a dead end: China saves itself poor

China's households are keeping their money together - with far-reaching consequences. Consumption is weakening, the economy is faltering and reforms are failing to materialize.

The domestic economy is at a dead end: China is saving itself into poverty - a bleak picture that is reflected in falling spending, a weakening real estate sector and growing uncertainty. This article shows how deep the consumer crisis goes, what is driving it and why previous countermeasures have been ineffective.

Generated by AI (DALE-E3)

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