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The Economist·2026-03-02 18:00

A 170-year-old economic theory states that as their income increases, people devote a smaller share of it to sustenance. China appears to defy Engel’s law: https://t.co/bXPpGqzib5Illustration: Álvaro Bernis https://t.co/GjMR4Jj2J8 ...