LSE Lecturer Keyu Jin on the importance of China consumers in rebalancing the economy

LSE Lecturer Keyu Jin on the role consumers play in rebalancing China's economy

Raleigh Addington
Raleigh Addington
editor at Chartwell Speakers

Keyu Jin speakerSpeaking on “Bloomberg Surveillance”, London School of Economics Lecturer Keyu Jin and Larry Hatheway, chief economist at Gam Holding, talk about the role consumers play in rebalancing China’s economy and the business prospects for the UK and China.

Keyu argues that she’s wary to talk about rebalancing towards consumption, when seeing that the Chinese household share of GDP is falling from 70% to 60%, compared to other countries which stay at a constant 80%. By repressing the household, Keyu believes that it’s difficult to stimulate Chinese consumption, regardless of the expansionary policies that are being implemented.

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