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How likely is Beijing to walk the talk on boosting consumption?

Asia-Pacific 1 source 1 country 🔦 Under-reported 31m ago

On July 22, Zhang Enhui, the party chief of Changchun—an industrial powerhouse renowned for its automobile sector and technological research—made a surprising public move regarding Beijing's efforts to boost consumption.

The development breaks from the typical bureaucratic tendency among Chinese officials to report only positive news and bury negative information for propaganda purposes and career advancement.

The event raises questions regarding how likely Beijing is to genuinely walk the talk on implementing measures to boost economic consumption.

In-depth summary · AI, neutral
Read the full story at the source South China Morning Post · HK
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