Part 8/10:
The limited avenues for investment do little to inspire confidence among consumers. With a stagnant stock market and major firms predominantly state-owned, ordinary citizens find few opportunities to grow their wealth. This exclusion not only reinforces a cycle of saving but also stifles entrepreneurial ambition.
The Shrinking Global Role of China
Once celebrated as the "world's factory," China is witnessing a shift in the global perspective that complicates its economic positioning. Trade dynamics have transformed as nations reassess their reliance on Chinese manufacturing, with a wave of economic nationalism and security concerns reshaping supply chains globally.