Xi’s Big Challenge Is Getting People to Spend, Spend, Spend
A crippling property crisis, mounting debt, weak consumer spending… and now a trade war. Despite the headwinds, China has set an ambitious economic growth goal of about 5% this year. On today’s Big Take Asia podcast, host K. Oanh Ha speaks to Bloomberg’s John Liu about how Xi Jinping intends to meet the target, and how Trump’s tariff war might sabotage his plans. Read more: Trump’s Tariffs Push Xi to Overhaul China’s Ailing Growth Model Further listening: China’s New Game Plan For Dealing With Trump TariffsXi Has Embraced China’s Tech Titans Once Again. Will It Last? Watch, from Originals: Can China Avoid Japan’s Lost Decades?See omnystudio.com/listener for privacy information.