Yeah now correlate that data with American household savings which has taken a nosedive the second we opened up due to over inflation and pent up consumer demand. It was 4 trillion at the end of 2020 it's now down around 500 billion.

So it'll be a short lived boom even assuming these figures are even right for China which I highly doubt since every financial figure from China has some layer of deception to it and this graph provides nothing for sources IE how much of that figure is really just the ultra rich and how much is actually the common man.

They'll have to deal with the same problems we dealt with and probably worse so since we were in an economic boomtime when savings values started to drop off a cliff in the US, the Chinese aren't going to have that advantage since their economy is tied at the hip to the west.