Part 2/9:
Despite China's rapid economic growth, only 38% of its GDP is derived from domestic consumption. This is notably lower than the 70% that characterizes the U.S. economy. The implications of this consumption gap are profound and have led China to depend heavily on exports and construction, with the Chinese government conspicuously setting growth targets of 5% annually. If the populace does not partake in substantial spending, achieving these growth targets becomes increasingly difficult.