The terrible trade conflict comes as China’s economy struggles as a result of consumers ‘ reluctance to use their cards and long-standing issues in the property sector.
President Xi Jinping and other leaders at the Politburo meeting discussed a range of regional economic issues, arguing that there is a need to “enhance the position of consumption in stimulating economic growth,” according to Xinhua.
Additionally, they demanded that” clearly develop service consumption” and increase wages, as well as the implementation of significant price cuts when appropriate.