Consumer Spending Slows, Inflationary Pressures Dissipate: Analyzing the Current Production System and its Prospects for 2006
(2,731 words)

I. The Means of Production in 2005

The means of production in China display three major characteristics as of 2005: slowing growth, increases in consumer spending, and falling prices for many consumer goods. We explore these phenomena in turn below.

A. The National Economy Slows

In 2004 some industries in China showed signs of overheating, as seen in ballooning resource demand and, with it, skyrocketing input prices.…

Cite this page
Chen, Kexin and Chen, Zongqun, “Consumer Spending Slows, Inflationary Pressures Dissipate: Analyzing the Current Production System and its Prospects for 2006”, in: Chinese Research Perspectives Online, Edited by: International Advisory Board Chinese Research Perspectives Online. Consulted online on 19 August 2017 <http://dx.doi.org/10.1163/2213-6002_crpn_C9789004156388_021>



▲   Back to top   ▲