Caixin Deep Dive: The Consumption Conundrum Dividing China’s Economists

Jul.28.2025

China’s top economists are locked in a fierce debate over whether the country’s consumers are truly weak or just misunderstood — an argument that could determine whether Beijing bets on households or more heavy industry

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Note: The conversation segment of this episode was generated using AI and has been edited for accuracy. It is based on this Caixin story:

In Depth: The Consumption Conundrum Dividing China’s Economists

Liu Ying contributed to this podcast.

Contact reporter Qing Na (qingna@caixin.com)

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