By Andrew Capon
China has entered the Year of the Earth Pig. Astrology experts prophesize that those born this year will be good-natured, calm and lucky. Recent economic data suggests that these resilient characteristics will prove useful.
The official GDP report issued on January 21 was far from auspicious. Q4 2018 GDP growth (6.4 percent) was the worst since early 2009, the aftermath of the global financial crisis.
The mercantilist economic policies of yesteryear may still vex some in Washington. But the facts on the ground are that domestic consumption, not exports, is by far