More Chinese exporters to U.S. shift to domestic market

A Shrinking China Scrambles for a New Economic Model - Geopolitical Futures

China is shifting from an export- and investment-driven economy to one based on domestic consumption. The reason is persistent economic stagnation and a growing risk that the country will fall short of its growth targets. In the past, China could rely on its large and steadily growing population as a foundation for economic advancement, but […] The post A Shrinking China Scrambles for a New Economic Model appeared first on Geopolitical Futures.

More Chinese exporters to U.S. shift to domestic market

Chinese exporters to the United States are increasingly turning to the domestic market as external demand softens, with domestic sales rising steadily in April, official tax data showed on Wednesday.