Setser on US-China Trade, Lessons from USTR, Economics of Great Powers, and Panda Diplomacy
ChinaTalk
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Navigating China's Economic Challenges
This chapter explores the intricate connections between pork prices and China's Consumer Price Index, reflecting broader economic implications including domestic demand and export sluggishness. It examines President Xi's economic policies, including aversion to welfare spending and the impacts of China's fiscal rules on consumer behavior and manufacturing overcapacity. Additionally, the discussion addresses trade protection strategies, the need for reciprocal subsidies in the electric vehicle sector, and the importance of global cooperation in economic stability.
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