• 11/29/2024

Why China must waste no time in pivoting to a consumption-based economy

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Beijing must heed the lessons of Japan and Brazil, which in earlier decades ran heavily subsidised investment-based economies that collapsed because consumption had been hollowed out.

https://www.scmp.com/comment/opinion/article/3249150/why-china-must-waste-no-time-pivoting-consumption-based-economy?utm_source=rss_feed