1/10
Very good article by Lingling Wei and Stella Yifan Xie on the key economic issue (or puzzle, if you like) facing China. In spite of China's very weak consumption, which is reinforced by its impact in driving weak business investment, Beijing is…https://t.co/82HwI9Im9W

— Michael Pettis (@michaelxpettis) August 27, 2023