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Made In China Only: China Looks Domestically For Growth But Will It Succeed? | Insight

Whether by choice or circumstance, China is looking inward for its economic growth. President Xi Jinping wants Chinese consumers to spend their way to growth, buying up domestically made goods. At the same time, the government will invest more in “New Productive Forces” – A.I, Green Tech and Advanced Computing - all for the goal of moving up the value chain and shedding China’s reliance on foreign technology. In this period of “de-coupling” and trade wars, Beijing might have little choice but to become more self-sufficient. Yet, an overly inward-looking and nationalistic China could discourage foreign investors. Are domestic consumption and production enough to jumpstart China’s sputtering economy? 0:00 China’s challenging growth target 5:10 China’s property downturn 7:00 New productive forces 10:44 Made in China 2025 12:10 China’s nationalistic consumerism 22:20 Navigating nationalism 24:50 China’s electric vehicle market 26:08 Claims of overcapacity 28:27 China seeks new export markets 33:30 China says it's open for business 37:09 Low spending and deflation 42:45 Can China reach its growth target? ========= ABOUT THE SHOW: Insight investigates and analyses topical issues that impact Asia and the rest of the world. ================== #CNAInsider #CNAInsight #China #ChinaEconomy #ChinaTechnology For more, SUBSCRIBE to CNA INSIDER! https://cna.asia/insideryoutubesub Follow CNA INSIDER on: Instagram:   / cnainsider   Facebook:   / cnainsider   Website: https://cna.asia/cnainsider