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Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets

Why Chinas Domestic Consumption Is Now the Real Growth Engine

In this episode of China Economy with Fexingo, Lucas and Luna explore a quiet but profound shift: China's growth model is no longer export-led. With the latest trade data showing a widening goods and services deficit — imports at $4.62 trillion versus exports at $3.75 trillion — the hosts explain why this is actually a sign of strength, not weakness. They dive into the consumer story behind the numbers, from a record Singles' Day to the rise of domestic brands like Li-Ning, and how policy levers like the consumer trade-in program are fueling a durable spending recovery. Along the…

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