BEIJING, March 3 (Reuters) - Chinese household savings
will return to normal as residents' consumption and investment
have improved, Liu Guoqiang, deputy central bank governor, said
on Friday.
The normalisation of consumption appetites and possible
reductions in excessive savings, after the lifting of China's
stringent COVID 19-related curbs, may bolster the world's
second-largest economy, but some analysts said it was too early
for a verdict on consumer "revenge" spending.
(Reporting by Kevin Yao; Writing by Ellen Zhang; Editing by
Edmund Klamann)
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