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[-] GayTuckerCarlson@hexbear.net 3 points 1 month ago* (last edited 1 month ago)

tl;dr consumer spending is low in china. One of the large factors holding back spending is the lack of social safety nets, leaving personal savings as a persons safety net, but Xi is a boomer who doesn't believe in "welfarism" and only provides subsides to increase demand

this post was submitted on 11 Nov 2025
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