Pedestrians in Beijing’s central business district. A full-blown trade war could sink China’s markets even deeper into bear territory, hitting financial wealth expectations and consumer confidence hard. China’s policy planners must work doubly hard to make up for the shortfall in demand. Photo: AFP
David Brown
Opinion

Opinion

Macroscope by David Brown

China must turn to Plan B as trade war escalates, and spur the domestic economy

David Brown says the potential damage that America’s trade war can wreak on China is no doubt giving Chinese planners sleepless nights, but now is the time to batten down the hatches and shift their focus to shoring up consumer confidence

TOP PICKS

Pedestrians in Beijing’s central business district. A full-blown trade war could sink China’s markets even deeper into bear territory, hitting financial wealth expectations and consumer confidence hard. China’s policy planners must work doubly hard to make up for the shortfall in demand. Photo: AFP
READ FULL ARTICLE