Household consumption — or rather the lack of it — has been at the center of the policymaking debate in China for several years, and top officials from President Xi Jinping down have become increasingly vocal about the need to increase domestic demand amid growing headwinds facing the world’s second-largest economy.
In Depth: The Consumption Conundrum Dividing China’s Economists
2025年07月15日 18:37
Influential voices say the country needs another massive infrastructure push to bolster growth, arguing consumption is already strong. Others warn this is a delusion and that boosting household income is the only way forward
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