China's strength in consumption amid a new reality

06/06/2025 27 min

Listen "China's strength in consumption amid a new reality"

Episode Synopsis

This year’s Dragon Boat Festival boosted travel and consumer spendings across China. The country saw 119 million passenger trips, a yearly increase of 5.7 percent. Meanwhile, China's consumer goods trade-in program has generated 1.1 trillion yuan in sales in the first five months. What strength does China’s consumption show amid the new reality (00:40)?
DeepSeek updates its R1 AI model. What does it suggest about China’s AI potential (18:52)?