From the second paragraph: "Its consumers save too much and spend too little." Which is as opposed to countries like US, Australia where people spend more than

From the second paragraph: "Its consumers save too much and spend too little." Which is as opposed to countries like US, Australia where people spend more than 100% of their salaries? More debt is good right? If I was the finance minister for China I would study the US very closely for a list of things not to do - overspending on credit is one of those things.