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When Infrastructure Cannot Substitute for Demand: China’s Political Economy at an Impasse And Consumption Dilemma Persists In Spite Of An Existing Stimulus Efforts Attempted

15 Januari 2026
China enters 2026 with stronger administrative control and deeper industrial policy, yet household demand remains structurally constrained. This essay traces why trade-ins, infrastructure, and AI-driven research platforms stabilize supply—without fixing consumption.…
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