Workers sort packages after the Singles' Day shopping festival at a delivery company in Hengyang, China, on November 12. Photo: AFP
Opinion
Opinion
Macroscope
If the US-China trade war worsens in 2019, China’s economic policymakers will have to act
- Aidan Yao says several sectors of the Chinese economy are sagging and consumer spending is expected to decline in 2019
- Beijing has so far taken tepid measures to spur the economy, and deleveraging has prevented more decisive action
Workers sort packages after the Singles' Day shopping festival at a delivery company in Hengyang, China, on November 12. Photo: AFP