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IPFS News Link • China

Chinese have stopped saving and are now spending like Americans

11-15-2008 • Washington Post

The waifish 26-year-old dropped her laptop bag on a chair, opened her menu and began ordering her favorites: milk tea, black forest cake, chicken wings, waffle fries. It was a typical Chinese order at a quintessential American chain: Pizza Hut.

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Reported By Powell Gammill

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Chinese have stopped saving and are now spending like Americans

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