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In China, more and more people want to save money as job worries grow

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cnbc.com

BEIJING — Chinese consumers' inclination to save is at its highest in two decades, the People's Bank of China found in a second quarter survey.

Rather than spend or invest, 58.3% of survey respondents said they preferred to save their money. That's a jump from 54.7% in the first quarter, which already marked the highest on record for the data which goes back to 2002.

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