Massive Empty Containers & Layoffs, China's Exports & Consumption Slump. The Digital Economy Rescue?

Exports, investment, and consumption are known as the three driving forces behind China's economy, but from the current macroeconomic situation in China, it seems that all three forces are lacking momentum. With both exports and consumption in trouble, the CCP government can only rely on investment, mainly referring to fixed asset investment such as infrastructure.

 From the policies formulated, it can be seen that the authorities regard "New Infrastructure Construction" as a solution to stimulate the economy.

 #ChinaEconomy #ExportSlump #ConsumptionSlump #Investment #NewInfrastructure