Why Chinas Domestic Consumption Is Now the Real Growth Engine

In this episode of China Economy with Fexingo, Lucas and Luna explore a quiet but profound shift: China's growth model is no longer export-led. With the latest trade data showing a widening goods and services deficit — imports at $4.62 trillion versus exports at $3.75 trillion — the hosts explain why this is actually a sign of strength, not weakness. They dive into the consumer story behind the numbers, from a record Singles' Day to the rise of domestic brands like Li-Ning, and how policy levers like the consumer trade-in program are fueling a durable spending recovery. Along the way, they address the yuan's stability at 6.75 per dollar and what it means for overseas investors. Fresh and data-driven, this conversation reframes the narrative around China's economic transition and what it means for Asia-Pacific markets. If you've wondered whether China's growth story is still intact, this episode gives you a clear-eyed look at the new engine room. #ChinaEconomy #TradeDeficit #Consumption #ChineseConsumers #YuanStability #DomesticBrands #LiNing #SinglesDay #TradeInProgram #GrowthModel #AsiaMarkets #FXI #KWEB #Imports #Exports #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo