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China's Huge Money Supply caused by high saving rates??? [Copy link] 中文

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Post time 2013-3-13 08:04:56 |Display all floors
China's ratio of M2 to GDP rose to 188% of GDP last year--up from 154% in 2002, said by the head of China's Central Bank, Zhou Xiaochuan in a interview with newspapers, which published in newspapers in March 8, 2013.

Why do China have such a High level of Money Supply?
It was caused by high saving rates, said by the head of China's Central Bank, Zhou Xiaochuan.
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