It seems very converse to think that Chinese population hardly contributes to their own economy, but this is the truth. Except for in major cities like Beijing, Shanghai, Guangzhour and Shenzhen, Deng Hong is beginning to implement infrastructure that promotes further spending. He aims to slightly reverse the trend of saving in China to incorporate slightly more spending. They recently build the Global Centre which is a meant to symbolize consumption - an increasingly essential ingredient of China's economic development, according to the article. But this article suggests that these are only small steps that China is going to. They prescribe further measures that China should be taking for the country to really take off economically. While these policy prescriptions could easily aid the country, what does this mean for the United States in term of economic power? How will this effect the international system?
http://www.economist.com/news/special-report/21600801-chinese-consumers-are-spending-plenty-they-could-do-even-better-billion-shoppers
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