China has one of the highest savings rates in the world (currently about 40 percent of GDP compared to 10 to 15 percent in the United States if one includes changes in personal wealth). For various reasons, much of China’s savings has been used to buy U.S. stocks and bonds (particularly, government bonds). How will this likely affect China’s net exports to the United States? Some have condemned China for saving so much and investing in the United States. If China stopped saving and buying U.S. stocks and bonds, would the United States be worse or better off?