China's Consumer Dilemma
Despite sluggish consumer growth post-COVID, there's a notable dynamism in cities like Shanghai, showcasing impressive infrastructure and ongoing technological advancements. Conversations reveal a complex picture where, while retail sales may lag, the overall standard of living appears to be improving, driven by innovation and investment. The contrast between China's growth rates and those of Europe and Japan further emphasizes its resilience in the global economy.In this clip
From this podcast
Odd Lots
Adam Tooze on the Big Misconceptions of the Chinese Economy
Related Questions