Very positive on the spending potential of China's youth: Keyu Jin
Автор: CNBC International Live
Загружено: 2025-05-29
Просмотров: 4041
Описание: Keyu Jin of the London School of Economics says that China needs to increase the contribution of the services sector to 80% of GDP from the current 50% level, and that when looking at the spending habits of the Chinese youth, we need to separate their general propensity to spend from the cyclical component of an ongoing economic downturn.
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