Another implication of this view is that the steep rise in savings in China is largely driven by a rise in the savings rate of middle-aged Chinese (rather than a fall in the borrowing rate of the young). Conversely, the fall in savings in the US is largely due to higher borrowing by the young (rather than a fall in middle-aged Americans’ savings rate).
这个观点的另一个含义就是中国储蓄的急剧上升在很大程度上是由中年中国人储蓄率的上升（而不是年轻人贷款率下降）所导致的。相反，美国储蓄率的减少则主要来自于年轻人更多的贷款（而不是中年美国人储蓄率的下降）。