The Traderszone Network

Published in TZ Latest News 24 September, 2015 by The TZ Newswire Staff

Businesses, not government, to spur consumption in China: Alibaba’s Ma

Beijing is seeking to steer the economy toward a consumption-driven model and reduce its reliance on government investment and export-led growth, but its attempts to arrest a stock market slump this summer met with little success and have raised doubts about its commitment to financial and economic reforms. “Consumption is not done by government. Consumption is done by entrepreneurship and (a) market economy.