At least raise to 2% of GDP from the current 1.3%.
The sensible path is to target investment & stimulus towards high margin industries that China doesn’t already have globally dominant players in, which is exactly what is happening. Disrupting existing Western, Japanese, and South Korean monopolies in spaces like software platforms, energy efficient automobiles, large OLED panels, etc is exactly what China should be & is doing.
At least raise to 2% of GDP from the current 1.3%.
Money Metal Sex Change?Canada Exported 10x More Gold To China Than Stated
P&G selling China-made luxury 'bumbum' brand diapers as market share falters
- P&G imports China-made diapers amid domestic cost challenges
- Chinese diaper imports triple, quality matches US-made products
- Tariffs impact prices, but consumer loyalty remains strong
- Industrial power consumption was up 4.7% YoY, rising to almost 600 TWh in the monthly of July.
- Power consumption in the services sector was up a very strong 10.7% YoY in July to 208 TWh.
- Residential power consumption was up an absolutely-ridiculous 18% YoY to 204 TWh.
How much of this is just increased AC use due to heat in the summer?China-made diapers are breaking into the US market. From the Reuters:
China's power consumption in July 2025 was 1,023 TWh, more than Japan's annual consumption. Here is a summary:
“Chinese exporters have done a genuinely impressive job of diversifying into emerging markets in recent years, including in Africa,” said Christopher Beddor, deputy China research director at Gavekal Dragonomics. “The weaker yuan this year has probably also made Chinese exports more competitive in African countries.”
In the first half of 2025 alone, Africa inked $30.5 billion in construction contracts with China, according to a July report from Griffith University in Australia and the Green Finance & Development Center, founded at Shanghai-based Fudan University. That’s five times the amount during the same period last year and the most among all regions included in Xi’s infrastructure initiative.