Given China's vast population and significant domestic market potential, it is puzzling why the country continues to prioritize export-driven policies, particularly as globalization shows signs of slowing. 

A more sustainable strategy would be to strengthen domestic consumption by implementing more progressive income and consumption taxes, thereby fostering internal economic growth. Additionally, allowing the Chinese yuan (CNY) to appreciate could enhance purchasing power, reduce reliance on exports, and support the transition toward a more consumption-driven economy