News from around the world!
Please only post links to actual news sources, no tabloid sites, etc
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No hate speech, bigotry, propaganda, etc
Oh no...
Anyway.
Not a dig about China either, people save money in uncertainty. Let stocks fall. Let's watch all the super power economies die and then finally Australia can take its place at the top of the world. After we redraw the maps of course.
Then it will be you who is threatened by my boomerang cutting your ground harness
The issue for China is that it needs people to purchase the goods that it makes to pay off the country's sky high debt. Consumption form the USA is going to drop for various reasons, so domestic consumption was likely seen as a way to replace dropping international consumption.