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A Chinese consumption breakthrough? | The global jobs slowdown
China’s government is making louder noises about boosting consumption, a shift that’s critical not just for rebalancing its investment-heavy economy, but also for easing global imbalances. But are these signals part of a real policy pivot? China Economist Leah Fahy talks to David Wilder about the latest in China’s rebalancing story and what it means for the trajectory of its economic growth.
Also in this episode: July’s US jobs report was a shock, but it’s part of a wider slowdown across advanced economies. Chief Global Economist Jennifer McKeown explains what’s driving the weakness and how…
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