China's under-consumption is a structural issue, but I'm very positive on the spending potential of the youth: Keyu Jin
Keyu Jin of the London School of Economics says that China needs to increase the contribution of the services sector to 80% of GDP from the current 50% level, and that when looking at the spending habits of the Chinese youth, we need to separate their general propensity to spend from the cyclical component of an ongoing economic downturn.
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San Francisco Chronicle
41 minutes ago
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The Hill
an hour ago
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Asian shares rally ahead of US-China trade talks
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