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Opinion | China needs smarter, not less, investment to unlock household demand
The idea that investment and consumption are in zero-sum tension overlooks how confidence, not income, is the true bottleneck.
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scmp.com
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Opinion | China needs smarter, not less, investment to unlock household demand
The idea that investment and consumption are in zero-sum tension overlooks how confidence, not income, is the true bottleneck.
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China's economists weigh pros and cons of consumption benchmarks
With internal demand becoming even more important to China's long-term planning, scholars have suggested making consumption a headline figure.