below_freezing
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our consumer spending to GDP ration is more than 60% in comparison chinese hav around 30% ... this is a worry for th Chinese govt. that is why now chinese govt is trying to improve on consumer spending by increasing wages /// so that chinese can spend more ... india already in a safe mode but lacking in export % ... which we are trying to improve..
so 50% savings 60% consumption... you have over 100% of GDP?