With S$28t, China’s savers are set to change the world

With China’s leadership aiming to scale back the role of investment in the domestic market, the nation’s surfeit of savings- deposits currently stand at 130 trillion yuan (S$28.2 trillion)- will increasingly need to be deployed overseas.

Point to ponder: What will the impact be on Singapore’s property market and property prices if a portion of this huge amount of China’s deposits were to flow into Singapore?