China's household savings have surged during the pandemic
Trillion yuan
Household savings
Loans
0
5
10
15
20
1.6
0.6
2.2
0.4
2.1
0.6
1.1
1.1
4.6
0.7
4.2
2.4
4.3
2.8
4.7
2.4
5.7
2.5
5.5
3.7
4.1
3.3
4.3
3.8
5.1
6.2
4.5
7
7.1
7.3
9.6
7.4
11.2
7.8
9.8
7.8
17.7
3.8
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022