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China , Wednesday 15 April 2026

China's middle class is 'shadow saving' — hoarding cash instead of spending — and it could be a problem for Americans

Published on: Sunday 05 April 2026

China's middle class is 'shadow saving' — hoarding cash instead of spending — and it could be a problem for Americans China’s middle class is sitting on a mountain of cash, but they’re refusing to spend it. Bank deposits are surging, interest rates are near zero, and yet households are tightening their wallets.


News source: https://www.aol.com/finance/chinas-middle-class-shadow-saving-123000236.html

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