-
China is in the stage of its economic development where it needs, and wants, to increase domestic demand for its products, and move away from dependence on exports.
FORBES: China Is The 800-Pound Inflation Gorilla Across The Globe
-
In fact, the Mary Kay Foundation found that the economy has led to a huge increase in demand for domestic violence services for the fourth year in a row.
FORBES: Sequestration Will Harm Domestic Violence Victims as Rates Rise
-
Stronger currencies would also shift growth from exports to domestic demand and increase households' real spending power and help ward off protectionists in the West.
ECONOMIST: Asia
-
The idea is that, with more money being pumped into the system, coupled with a low cost of borrowing, consumers and businesses are more likely to increase their spending and boost domestic demand.
BBC: Japan's Nikkei falls to six-week low amid growth fears
-
By increasing demand, exports increase domestic production of shale gas.
FORBES: Blocking LNG Exports Helps A Few, Hurts Many
-
And very importantly, for a number of countries in Asia, it means that domestic consumer demand and imports will increase.
WHITEHOUSE: THE WHITE HOUSE
-
They must address their structural problems, reduce domestic demand, become more competitive and increase their exports.
FORBES: Germany And China Have The Gold And Will Make The Rules
-
"It's almost impossible for China to engineer enough of an increase in domestic consumption to make up for the contraction in demand that we're seeing in Europe and the United States, " said Michael Pettis, who teaches economics at Peking University.
CNN: U.S.-China relations in focus at 'G-2' summit