Part 8/10:
Experts predict the troubling trend will persist unless both small and medium-sized enterprises pivot quickly to cater to domestic demand and burgeoning markets. Yet, numerous obstacles—including sustained high tariffs and a looming domestic economic downturn—pose significant challenges for these businesses.
The Fault Lines of Economic Pivots
Grappling with these crises, China's economy faces existential questions regarding its structural integrity and resilience—a landscape marked by vulnerabilities exposed through years of rapid growth. As traditional industries falter and geopolitical tensions mount, the Chinese government must negotiate a careful route between reform and stability.