[RightWhale]

Pres speaks truth, but he is about a light year ahead of current common understanding of economics. It will be hard to get the Chinese to go on a spending spree since so many have fairly distinct memories of their parents telling them how rough it can get at any moment.

[Alia]

Your point is true and well articulated. Nonetheless, in terms of GDP, China is going to lose out in contrast/comparison to other countries, unless and until it loosens its restrictions on HOW Chinese can invest and save.

Why can't individual Chinese choose, personally, their own investment vehicles throughout the world? Chinese Government and their "restrictions". Those restrictions funnel all individual savings into "investments abroad".