40-41-42 Macroecon 中国经济发展与转型（英文版） 教学课件.pptVIP

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Chinese Modern Economic History Macroeconomic Trends and Cycles Naughton, Chapter 18 Chinese Modern Economic History This chapter focuses on savings, the government fiscal system, inflation, and monetary policy. This is a lot to cover in one small chapter. 18.1 Trends in National Saving Foreigners do not know what to think when told that many Chinese households save 25%, 40%, or 60% of their income. One can have several reactions - many Chinese make too much money; many Chinese cannot find enough things to buy; many Chine