It is income rather than the peculiar saving behavior of Chinese households that constrains consumption in the People …’s Republic of China. The low share of consumption in gross domestic product (GDP) is consistent with the reduced share of GDP of …, contributed most to the significant increase in the gross national saving rate. The surging corporate savings was mainly due to …

and tap domestic sources of growth. The authors examine the actual policy implications of this for the US, China and the …

find that China's growth is positively affected by saving but has a limited effect on saving, that inequality mainly has a … explaining high saving. Therefore, inequality must be mitigated to lower the high saving rate in China, and growth will be …China's fast growth is perceived as a major determinant of its savings glut that contributes to global imbalances, but …

catch-up parameters, we find an investment and a saving puzzle: regions that caught up relative to the rest of China seem to …While China has been pivotal in discussions and academic research on global imbalances, little is known about … the regional level inside China. We follow up by identifying the drivers of this pattern using the methodology developed …