China must boost consumption, but doubts grow over Xi’s ability to pull it off

China’s economic plan has hit a wall, and now the government wants households to carry the weight. For years, Beijing leaned on exports and state-led investment to fuel growth. But with that model losing steam, President Xi Jinping is looking inward — at a population that’s hesitant to spend and quick to save. And while […] source: https://www.cryptopolitan.com/china-must-boost-consumption-xi-cant/