When Premier Li Qiang told the “Summer Davos” crowd in Tianjin on June 25 that China can keep “relatively rapid” growth while moving from investment toward consumer spending, the applause drowned out a harsher ledger.
China’s Tough Road to Consumer-Led Growth
When Premier Li Qiang told the “Summer Davos” crowd in Tianjin on June 25 that China can keep “relatively rapid” growth while moving from investment toward consumer spending, the applause drowned out a harsher ledger.