They appear to want to shift their economy towards domestic consumption, improving incomes, increasing the number of middle class people, and reduce wealth inequality. All things my favourite mainland Chinese hexbearian economic analyst has been calling for for a long time.
I am earnestly looking forward to his analysis on it actually, unless he already posted somewhere and I missed it.
This seems very much aligned with what Xiaohongshu has been talking about for a long time (would ping them directly but I’m on mobile)
@[email protected]
In a good or a bad way?
In a good way!
They appear to want to shift their economy towards domestic consumption, improving incomes, increasing the number of middle class people, and reduce wealth inequality. All things my favourite mainland Chinese hexbearian economic analyst has been calling for for a long time.
I am earnestly looking forward to his analysis on it actually, unless he already posted somewhere and I missed it.
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