China announces new measures to boost consumer spending

The World

China is facing some tough economic headwinds right now. A mix of deflation and US tariffs are impacting the country’s economy. Despite this, the government is still aiming for 5% growth for 2025. And to help boost the economy, it’s looking to domestic consumers to spend more. Host Marco Werman speaks with Council on Foreign Relations senior fellow, Zoe Liu, about what China’s government is doing and what’s the expected outcome.

Will you support The World?

The story you just read is not locked behind a paywall because listeners and readers like you generously support our nonprofit newsroom. Now more than ever, we need your help to support our global reporting work and power the future of The World. Can we count on you?