https://www.nytimes.com/2024/09/03/business/china-economy-consumption.html?unlocked_article_code=1.H04.pfaz.nywmPOko8Wvb&smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb “In a country where the majority of people had only known the economy to grow rapidly and living conditions to improve, confidence is eroding…. policymakers trying to respond are hindered because they cannot rely on a principal fix that worked in the past… A worthwhile primer. Free to read outside the paywall.