The Politburo, China’s 25-member top leadership group headed by President Xi Jinping, is expected to hold its quarterly meeting on the economy before the end of the month and may propose new policies to shore up growth and employment. Photo: Xinhua

US trade war, household debt and labour market raise questions over China’s latest bid to spur spending

  • National Development and Reform Commission will lead a body made up of 24 ministries to upgrade consumption and study new ways to boost spending
  • Beijing looking to shifting its investment-led growth model to a consumption-driven one, with the shift taking on greater importance due to the trade war
Topic |   China economy

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The Politburo, China’s 25-member top leadership group headed by President Xi Jinping, is expected to hold its quarterly meeting on the economy before the end of the month and may propose new policies to shore up growth and employment. Photo: Xinhua
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