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China’s economy is turning inward, but will weak domestic demand undermine Xi Jinping’s vision?

Summary:
[unable to retrieve full-text content]China’s new strategy of domestic demand-led growth in the face of growing international uncertainty will be an uphill battle due to weak demand at home and heavy state intervention, according to analysts.President Xi Jinping has made it clear that China will rely more on domestic consumption and home-grown technologies as the nation’s rivalry with the United States intensifies.China’s Politburo, the supreme decision-making body of the ruling Communist Party, decided last week its “dual…

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[unable to retrieve full-text content]
China’s new strategy of domestic demand-led growth in the face of growing international uncertainty will be an uphill battle due to weak demand at home and heavy state intervention, according to analysts.President Xi Jinping has made it clear that China will rely more on domestic consumption and home-grown technologies as the nation’s rivalry with the United States intensifies.China’s Politburo, the supreme decision-making body of the ruling Communist Party, decided last week its “dual…

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