摘要
No country in the world has a higher savings rate than China. With about 50% of its money going into reserves, China has spending power to spare when the world, and particularly China, desperately needs to make up for the loss of the American consumer. But a country can＇t become a consumer society overnight. A strong social safety net is needed; health insurance, pensions, cheap education, as well as a consumer culture with high credit card penetration, a credit bureau, and access to lending facilities.
