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[@vshih2](/creator/twitter/vshih2)
"@HongshenZhu @RushDoshi But as you can see in the data real growth was partly driven by deflation and lower prices which is not ideal. Prior to 2019 China had high nominal growth and modest inflation which can drive firm margin growth and household income growth at the same time"  
[X Link](https://x.com/vshih2/status/1980067240176439495) [@vshih2](/creator/x/vshih2) 2025-10-20T00:23Z 65.2K followers, XXX engagements


"@HongshenZhu @RushDoshi Yeah but I would say the consistently low household consumption share of gdp is a reflection of consistently low provision of key public goods like medical insurance and social security"  
[X Link](https://x.com/vshih2/status/1980070180492607977) [@vshih2](/creator/x/vshih2) 2025-10-20T00:34Z 65.2K followers, XXX engagements


"@HongshenZhu @RushDoshi Rural savings rate is lower because they have little surplus after basic necessities I am not an expert but I think urban welfare provision is still not that great. I should check Medicaid or social security benefits per beneficiary relative to average income or something"  
[X Link](https://x.com/vshih2/status/1980072691144310973) [@vshih2](/creator/x/vshih2) 2025-10-20T00:44Z 65.2K followers, XXX engagements


"I do think the US side is starting to realize the gravity of the situation and how prepared China is for a prolonged trade conflict while negotiating"  
[X Link](https://x.com/vshih2/status/1979442160866128315) [@vshih2](/creator/x/vshih2) 2025-10-18T06:59Z 65.2K followers, 87.9K engagements


"@RushDoshi @HongshenZhu but thats because Chinas nominal gdp has kept up and inflation rate is lower than US. Final household consumption as a share of gdp was down and recovered a bit last year still much lower than US"  
[X Link](https://x.com/vshih2/status/1980042243689038326) [@vshih2](/creator/x/vshih2) 2025-10-19T22:43Z 65.2K followers, XXX engagements


"Why not allow some degree of issuance as long as the collateral (Chinese treasuries) are held in designated accounts on the mainland"  
[X Link](https://x.com/vshih2/status/1980077066273038730) [@vshih2](/creator/x/vshih2) 2025-10-20T01:02Z 65.2K followers, 4496 engagements