Comparing China Savings Rate vs. Select Other Countries

The savings rate in China is very high compared to other countries. The Chinese economy is manufacturing and economy-based while many developed countries’ economies are consumption based. This is one reason why savings rate tend to be low in developed countries. The following chart shows savings rate in China vs. other countries: Click to enlarge …

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Consumer-Staples Stocks Look Attractive For The Long-Term

The worst performing sector so far this year is the consumer-staples sector. Stocks of consumer staple makers such as cereal, toothpaste, soups, etc. have been hit hard due to a variety of factors. Rising costs of commodities, higher logistics costs, cheaper store-name or generic brands, consumers’ preference for healthier options, etc. are some of the …

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Americans Spend 19% of Personal Expenditures on HealthCare

Healthcare is very expensive in the US to say the least. Unlike other developed countries healthcare expenditure account for a high percentage of national budget. At the micro level, individuals spend 19.3% of their personal expenditures on healthcare according to BEA data. Or to put it another way, in 2017 Americans spent about one fifth …

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China Overtakes US in Patent Filings: Chart

China used to be considered the factor floor of the world. Millions of laborers toiled in factories around the country producing cheap goods for consumption mostly by the developed world and also by other emerging countries. That scenario has changed these days as China embarks on a mission to transform the economy from a manufacturing-based …

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