Attention Economy


Friday, December 20, 2024

On China's Economy

China’s Struggles with a Consumer Society
https://www.project-syndicate.org/commentary/china-may-struggle-to-spur-consumption-while-controlling-society-by-stephen-s-roach-2024-12
The modern Chinese political system emphasizes stability and control, qualities that enabled the country to become the world’s “ultimate producer.” But these qualities imply tight control over social norms and individual behavior, and they are far less applicable to official efforts to boost household consumption.
 
Turning Trump’s Tariffs into China’s Opportunity
https://www.project-syndicate.org/commentary/trump-tariffs-china-better-prepared-than-us-for-trade-war-decoupling-by-keyu-jin-2024-12
Data over the past six years raise grave questions about whether America's trade war with China is serving its interests. While Chinese companies adapted by upgrading their supply chains, US manufacturers have had to grapple with higher input costs and disrupted production networks.