There is one year worth of demand sitting in Chinese savings: McKinsey China

Joe Ngai, Greater China Chairman for McKinsey discusses Chinese Premier Li's speech to the World Economic Forum in Dalian, saying the world needs to get used to slower growth in China.

[@YWang-vl2zh]

They are waiting for Huawei phones with 3nm Chinese-made chips…

[@Lurker1984]

Practically harder without EUV. Huawei is circumventing that with multipatterning techniques that use the older lithography machines. But those techniques leads to lower yield and make the process commercially impractical. The step to 3nm requires EUV and unless the Dutch lifts their sanctions, China has to develop its own EUV machines to get to 3nm.

[@user-qd8yg1fp7i]

​@@Lurker1984Will be done within d decade.

[@JustSoKinda]

He said they need confidence! Not feel confident. Obviously,These savings are prepare for the debts, not for consumption.

[@whitemoon5752]

Release the 56 trillion Kraken!

[@peterl545]

Wealthy Chinese are leaving the country. And, the working class are being harvested like leeks.

[@chrismanchin]

❤❤❤❤

[@teebone2157]

savings are SAVINGS not demand. People need to save money based on hwo the world is looking with inflation

[@ShawnWang-hy7eh]

Why does this man's head keep bobbing?

[@PinkyKiller19]

什么时候中国人能释放储蓄？？
等CCP给每个中国人提高社会福利，提高基本社会保障，真正落实法治，保护私有财产，保护基本人权的时候
慢慢等吧~~

[@Eltot_1031]

Fund the communists.

[@naivoj122]

So? Look at what democracy has done to the world.

[@qake2021]

😁😁😁😁😁✌️

[@nicks2106]

More BS

[@BarsonlineOrg2013]

US?

[@salsa564]

Please explain. Share your knowledge with us. 😂