Expert Views on China’s Economic Transition
Natixis Asia Pacific Chief Economist Alicia Garcia Herrero recently highlighted challenges in China’s economic model:
“In the November data you had industrial production, value-added production, growing even higher than in October, with retail sales growing at only half that of production. So, what are you going to do with all of this production? Who are you going to export to? The problems are probably becoming more acute because protectionism is on the rise and China is not changing its model. I think 2025 is time for change, and China needs to change very soon, or the year might end up quite badly.”
China’s Transition to a Consumption Economy
Rising protectionism that analysts predict will intensify during Trump’s second term as US President may be contributing to…
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