China’s way to drive economic growth is getting consumers to unleash $20 trillion of rainy-day savings, says Alibaba chair Joe Tsai

Tariffs and geopolitics mean China can't count on export for growth anymore but restoring consumer confidence could allow domestic consumption to become a growth driver.

Mar 12, 2025 - 12:44
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China’s way to drive economic growth is getting consumers to unleash $20 trillion of rainy-day savings, says Alibaba chair Joe Tsai
Tariffs and geopolitics mean China can't count on export for growth anymore but restoring consumer confidence could allow domestic consumption to become a growth driver. Read More