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Image Credit: Bloomberg Quint

Xi Jinping Vows To ‘Fully Unleash’ China's Consumption Potential In Face Of Trump Tariffs

  • Chinese President Xi Jinping vows to ‘fully unleash’ China's consumption potential to spur growth amid a tariff war with the US.
  • Revitalizing consumption, expanding domestic demand, and enhancing investment efficiency are top priorities on China's agenda.
  • Stabilizing the economy and markets in the face of US President Donald Trump's tariff onslaught is being discussed by Chinese policymakers.
  • To continue economic growth, China must increase consumption by 5 to 8 percentage points as a share of GDP in the next five years.

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