Yang, Dennis Tao; Zhang, Junsen; Zhou, Shaojie - 2011
In this paper, we define "The Chinese Saving Puzzle" as the persistently high national saving rate at 34-53 percent of … gross domestic product (GDP) in the past three decades and a surge in the saving rate by 11 percentage points from 2000 … existing studies, we analyze the sources and causes of China's high and rising saving rates in the government, corporate, and …