Category: Domestic Demand

China orders banks and commerce officials to work more closely to boost consumption, directing coordination between financial institutions and commerce agencies as part of a domestic demand push. Consumption has been positioned as a core focus of economic planning under ...

Chinese President Xi Jinping has again placed expanding domestic demand at the core of China’s economic strategy. He argues that growth driven mainly by exports and investment is no longer sufficient as globalization faces headwinds and external conditions change. The ...