Tag
China consumer spending
The Big Myth About China’s Low Consumption
By Xiaochen Su
Contrary to popular belief, Chinese consumers already spend much more of what they earn than their American counterparts. Low wages are to blame for stagnant consumption.
China’s Third Plenum Wants to Raise Household Income. That’s Good News for the US.
By Fuxian Yi
Planned reforms could indirectly help balance China-U.S. trade by boosting consumption, thereby reducing political hostility between the two major powers.
From Hero to Zero: Fake-Fueled Patriotic Marketing on Chinese Social Media Platforms
By Xue Zhang and Zizheng Yu
In May 2024, Chinese company Xiang Piao Piao saw profits surge overnight by mocking Japan’s releasing nuclear-contaminated wastewater. But its supposed stand was all a ruse.
China’s Economy Slowed Last Quarter as Weak Consumer Demand Dragged on Growth
By Elaine Kurtenbach
The second quarter’s 4.7 percent growth was far below the 5.3 percent pace seen in the first quarter of 2024.
For China’s Economy, a Crisis of Confidence
By Xiangxue Zheng
Dwindling confidence by businesses and consumers alike is a precursor to deflation in the Chinese economy.
China Struggles With Weak Post-COVID Economic Recovery
By Associated Press
China’s economy rebounded at the start of 2023, but after a good first quarter, factory output and consumer spending are weakening.
Is China a ‘Paper Tiger’?
By Karman Lucero
Xi Jinping’s focus on ideological struggle will not help overcome the long-term problems that constrain China’s potential.
Can China Achieve Its Growth Target This Year?
By Wei Hongxu and He Jun
China’s 5.5 percent growth target struck some observers as overly ambitious.
Xi Sells China as ‘Market for the World,’ But Concerns Linger
By Shannon Tiezzi
Xi tried to reassure foreign companies that a focus on domestic consumption and “self-reliance” will go hand-in-hand with continued opening.
China’s ‘Secret Weapon’ Against COVID-19 Won’t Work for Post-Pandemic Economic Recovery
By Zhuoran Li
The CCP was able to mobilize its people to fight COVID-19. It's having a harder time convincing Chinese to spend money.
How Chinese Millennials Are Remaking the Mall
By Laura Grunberg
What one Chinese mall can tell us about the world’s most powerful consumers
China's Latest Economy Data Calls for Caution
By Yu Zhongxin
China's economic data for April came in below expectations, in sharp contrast to rosy data from 2019's first quarter.
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