China's Consumption Conundrum: Can Spending Save the Economy?

Is China's Economy on the Brink? Stephen Roach warns China must urgently unleash its consumers to fuel growth as exports falter and the property sector struggles. Will the new five-year plan mark a turning point, or will China's reliance on factories lead to economic stagnation? Find out why economists are demanding bold action now.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.