Ominous signs that China's economic recovery may be slowing from an initial surge fueled by pent-up demand among consumers has analysts and bankers alike pondering whether continued loose monetary policy can underpin the revival, as a rise in risk aversion leads people to save more and shy away from borrowing.
Caixin
China's consumers are flush with cash, so why is its recovery wobbly?
People are focusing on paying debt and saving, not borrowing more
It's not a question of whether there is enough money being pumped into China's economy to fuel its recovery, but instead: Where is that money going and why aren't people availing themselves of more credit?
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