Chinese consumers have less and less confidence to splurge, which spells trouble for government efforts to jump-start consumer spending to offset deflation and mitigate the trade war with the U.S.
Copyright 2025 NPR
Anthony Kuhn is NPR's correspondent based in Seoul, South Korea, reporting on the Korean Peninsula, Japan, and the great diversity of Asia's countries and cultures. Before moving to Seoul in 2018, he traveled to the region to cover major stories including the North Korean nuclear crisis and the Fukushima earthquake and nuclear disaster.