China must train its economic eye on its home market

Export gains offer short-term relief but fail to address long-term structural issues

Avatar
20241216 xi jinping

A man rides a scooter past a giant screen showing news footage of Chinese President Xi Jinping attending a Chinese Communist Party politburo meeting in Beijing on Dec. 9, 2024. © Reuters

Henny Sender is the founder and managing partner of Apsara Advisory, a strategic consultancy for financial services companies. She was previously a managing director at investment company BlackRock.

In August, Colin Huang, founder of e-commerce firm Pinduoduo, one of the most successful entrepreneurs in China, found himself branded as the richest person in the country. Yet what should be an accolade anywhere else on the planet is no longer a welcome perch to occupy on the mainland.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.