Zhou Jiangong, an analyst on China’s economic, political and foreign affairs, reported that China’s weak consumption causes the unbalanced development. From Asia Times Online:<\/p>\n
Investments, consumption and exports are the troika pulling along China’s economy. But for a long time, growth in domestic consumption has lagged far behind the other two, so much so that it is said the troika consists of two strong horses and a weak donkey (consumption), resulting in so-called “unbalanced development”.<\/p>\n
The latest economic statistics released by the National Bureau of Statistics<\/a> (NBS) on Thursday show the problem is, if not worse, far from being solved….[Full Text]<\/a>\n<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
Zhou Jiangong, an analyst on China’s economic, political and foreign affairs, reported that China’s weak consumption causes the unbalanced development. From Asia Times Online: Investments, consumption and exports are the troika pulling along China’s economy. But for a long time, growth in domestic consumption has lagged far behind the other two, so much so that […]<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[1492,134,4044,455],"class_list":["post-13819","post","type-post","status-publish","format-standard","hentry","category-economy","tag-consumption","tag-economic-growth","tag-nbs","tag-statistics","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\n
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