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China's Third Plenum: Addressing Concerns over Weak Consumption and Overcapacity
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#eae3b538 ver:0.6

China's Third Plenum addresses concerns over weak consumption and overcapacity, as the country faces challenges such as a property market crisis and rising unemployment. Analysts believe Beijing will focus on technological breakthroughs and continue relying on exports for economic growth. China's high savings rate and saving culture contribute to low household consumption. The US and EU have responded with new tariffs, and the US Treasury hopes China will address concerns and work with trading partners. #China #economy #consumption #exports...

#newstr #China #ThirdPlenum #GlobalTrade #Consumption #Overcapacity #Tariffs #EconomicGrowth #TechnologicalBreakthroughs #SavingsRate #SavingCulture

https://here.news/story/eae3b538?ver=0.6