China set to double down on export dependency - Washington Examiner

China Must Not Fear Fiscal Expansion | by Yu Yongding - Project Syndicate

While GDP growth is no longer paramount for China’s leaders, it still matters. And, at a time of falling export growth and insufficient domestic consumption, the only way China can reach its growth target is with a bold fiscal expansion that targets a robust increase in infrastructure investment.

China set to double down on export dependency - Washington Examiner

Xi Jinping has a problem. Communist China is caught in an economic doom loop. Chinese economists understand that their country must rebalance its economy by increasing domestic consumption and reducing dependency on exports. In addition, China’s economists understand that the country must stop investing in projects that generate low and often negative returns.  But Xi, China’s all-powerful ruler, refuses to listen. He won’t embrace a massive fis…

China set to double down on export dependency

Xi Jinping has a problem. Communist China is caught in an economic doom loop. Chinese economists understand that their country must rebalance its economy by increasing domestic consumption and reducing dependency on exports. In addition, China’s economists understand that the country must stop investing in projects that generate low and often negative returns.  But Xi, China’s all-powerful ruler,... The post China set to double down on export de…