Instead of shopping they're quietly stockpiling cash - 'shadow saving' - and it could short-circuit the global economy
Households in China aren't broke, the available data indicate. They're just exhibiting a reluctance to spend.
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L1 Capital, an investment management firm, released its "L1 Capital International Fund" (unhedged) fourth-quarter 2025 investor letter. A copy of the lette...
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Browse ArticlesHouseholds in China aren't broke, the available data indicate. They're just exhibiting a reluctance to spend.
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