A growing number of economists are challenging the view that China invests too much and consumes too little by arguing that the official data grossly understate consumption and overstate investment. There is a degree of truth to these claims. But the conclusion that China therefore does not need to rebalance its economy is misguided.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services