China's Middle Class Is Staying Home. So Is Its Money
A vendor places a 100 yuan banknote into a basket at a food exhibition in Shanghai, China. (Photographer: Qilai Shen/Bloomberg)

China's Middle Class Is Staying Home. So Is Its Money

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(Bloomberg Opinion) -- The Chinese used to be an adventurous bunch. Last year, 170 million of them traveled internationally, threatening to tip the nation into a current account deficit. Now, scarr...
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