{"id":95883,"date":"2025-10-23T06:31:07","date_gmt":"2025-10-23T06:31:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/95883\/"},"modified":"2025-10-23T06:31:07","modified_gmt":"2025-10-23T06:31:07","slug":"china-must-set-aggressive-consumption-goal-stephen-roach-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/95883\/","title":{"rendered":"China Must Set \u2018Aggressive\u2019 Consumption Goal, Stephen Roach Says"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Former Morgan Stanley Asia chairman Stephen Roach said China must target consumption accounting for half of economic output over the next decade, joining a growing chorus of calls from economists worried about the Asian nation\u2019s outlook.  <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">\u201cThey need a new source of growth, and the Chinese consumer is that source,\u201d the economist and senior fellow at Yale Law School\u2019s Paul Tsai China Center told Bloomberg TV on Thursday. \u201cThey have to be much more aggressive in establishing a target for what they\u2019re trying to achieve in the upcoming 15th Five Year Plan.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Former Morgan Stanley Asia chairman Stephen Roach said China must target consumption accounting for half of economic output&hellip;\n","protected":false},"author":2,"featured_media":95884,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[2300,138,18506,607,1951,219,3214,12410,1851,111,139,69,7254,135,24547,70999],"class_list":{"0":"post-95883","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-asia","9":"tag-business","10":"tag-c-suite","11":"tag-china","12":"tag-economics","13":"tag-economy","14":"tag-exports","15":"tag-gdp","16":"tag-morgan-stanley","17":"tag-new-zealand","18":"tag-newzealand","19":"tag-nz","20":"tag-policy","21":"tag-politics","22":"tag-world-bank","23":"tag-yale-law-school"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/95883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=95883"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/95883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/95884"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=95883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=95883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=95883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}