Report
No Quick Fixes: China’s Long-Term Consumption Growth
We explain what is holding back household consumption in China and examine the policy debate over how to catalyze consumer spending.
Senior Research Analyst
Charles Austin Jordan is a Senior Research Analyst with Rhodium Group’s China Projects team, where he focuses on state-business relations, trade, and industrial policy.
ChinaPrior to joining Rhodium Group, Austin was a Princeton in Asia fellow in Tokyo, Japan, and worked at the US Department of State, the US Embassy in Beijing, and the Center for American Progress.
Austin will receive his PhD in political science from Harvard University in 2024, where he is completing his dissertation on the Chinese Communist Party’s governance of the private sector and the growth of Party cells throughout the economy. He holds an AM degree in government from Harvard University and a BA degree in China & Asia-Pacific studies from Cornell University.
Austin is based out of Rhodium’s Washington, DC office.
Report
We explain what is holding back household consumption in China and examine the policy debate over how to catalyze consumer spending.
Note
Unless Beijing implements serious demand reforms, developing nations will be crowded out of manufacturing by Chinese overcapacity, leaving them dependent and without export opportunities.