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2. The savings ratio, as reported by The World Bank, in China between 2008 and 2011 was above 50 percent and in 2018 was still

2. The savings ratio, as reported by The World Bank, in China between 2008 and 2011 was above 50 percent and in 2018 was still above 45 percent. Does a high savings ratio always mean that investment is likely to be high and thus economic growth strong? Explain

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