China is a developing country that saves too much, and the...

China is a developing country that saves too much, and the United States is a developed country that spends too much. The result is a big trade gap. Does something have to give? Yes. But it's not clear when that will happen, and in the meantime both economies are performing pretty well.

Andy Xie Quote About Both, China, Clear, Country, Developed: China Is A Developing Country...
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