I agree with Mr. Batson; China needs more borrowing (used more efficiently) to support consumption…

I agree with Mr. Batson; China needs more borrowing (used more efficiently) to support consumption and strengthen nominal GDP growth. I think many folks have the wrong intuition around an economy that saves 40% of GDP. It will either run massive external surpluses, or be in a 引用 @andrewbatson：@ni