AirRodgers
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The 33% was an example not a concrete number, it could less.. My point is if a family increase its number it will increase the consumption within such family.. Off course a 3 year old will not get a job but he/she will force the family to open up the piggy bank a bit and spend more to support that new member.. This will help stimulate China consumption part of the economy, as everyone know the Chinese saving rate is one of the highest in the world.. To balance the Chinese economy from a high export to a more consumption base economy is the next step that China must take in their development. This in itself will not turn China into a more balance economy but it will help. For China to truly balance their economy they need to do more like introducing a pension plan for the avg. Chinese to fall back on when they retire. This will allow the avg. Chinese the luxury to save less and spend more now, there by increasing the internal consumption part of the economy and balancing it out.