[seanmcdirmid]

Per capita is correct. There are really two Chinas, a richer china that consumes a lot and saves comparatively little, and a commoner class that has no choice but to keep saving.

If you want to get a permit in Beijing and have money, buy a Tesla. The quota for elctric vehicles is higher than for gas, so you see a lot of rich people in Teslas these days, something unthinkable only a couple of years ago.