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China , Thursday 16 July 2026

China’s middle class is quietly stockpiling cash — 'shadow saving' — and it could short-circuit the global economy

Published on: Tuesday 17 March 2026

China’s middle class is quietly stockpiling cash — 'shadow saving' — and it could short-circuit the global economy On paper, China’s middle class should be spending. Savings are high. Bank deposits are swelling. Interest rates are falling. If anything, conditions look primed for a consumer boom. Instead, something ...


News source: https://www.msn.com/en-us/money/markets/instead-of-shopping-they-re-quietly-stockpiling-cash-shadow-saving-and-it-could-short-circuit-the-global-economy/ar-AA1YTrIB

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