University at Buffalo Chinas High Savings Rate International Finance Article Questions Hello,
I have 3 questions about short article that need to be answered ( see link).
https://conversableeconomist.blogspot.com/2019/02/…
Why is China’s savings rate so high?
How does this affect the Balance of Payments for China and for other countries, particularly the U.S.?
The question in part is which is first? The high savings rate or China’s exports? Does China’s trade surplus lead to more saving or does savings cause the trade surplus?
Thank you.
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