China Tech Ambitions Won't Hurt Consumption Pivot, Keyu Jin Says
China can boost production of high-end technological goods without undermining its push to lift domestic consumption, economist Keyu Jin said.
The scholar argued that the Asian nation can advance both goals 'in parallel' in response to a question about Beijing's potential adoption of a new industrial blueprint. Talks about that proposal, reported by Bloomberg News this week, signal Chinese policymakers intend to keep a firm grip on manufacturing as President Donald Trump looks to bring more factories back to the US.
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