Part 7/16:
To truly stimulate consumption and elevate household income, Beijing might need to implement policies that accelerate wage growth, possibly by transferring assets directly or indirectly to households—though such measures would be politically sensitive. Without decisive action, the reliance on gig work perpetuates a fragile economic model based on short-term employment relief rather than sustainable growth.
China-Japan Tensions and Regional Security Dynamics
The ongoing tensions between China and Japan continue to escalate, with recent developments revealing Japan’s increasingly assertive stance in regional security and diplomatic engagements.