Tag: domestic consumption China
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Xi Elevates Domestic Demand as Core of China’s Economic Strategy
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 ...
File image of the Coca Codo Sinclair dam in Ecuador that was financed and built by China. Image via amalavida.tv CC BY 2.0
By Julie Radomski Ten years after the Coca Codo Sinclair hydroelectric dam first came online, the Chinese state-owned construction company Sinohydro Corporation finally turned the project over to the Ecuadorian state last Friday. Yet Ecuador only agreed to accept it under the condition that ...
Xi Elevates Domestic Demand as Core of China’s Economic Strategy
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 ...