After the smallest rise in monthly retail sales in more than 15 years in November, authorities need to mobilise more Chinese consumer spending power. Photo: AFP
SCMP Editorial
Opinion

Opinion

SCMP Editorial

Tax cuts will help lift consumer spending as trade war hits home

  • China’s worse-than-expected trade figures should prompt a sense of urgency about putting more money into people’s pockets and increasing their purchasing power by cutting costs

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After the smallest rise in monthly retail sales in more than 15 years in November, authorities need to mobilise more Chinese consumer spending power. Photo: AFP
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