The issue is that transitioning to a consumption economy and increasing the purchasing power of Chinese workers requires raising wages and will sharply affecting domestic production, which in turn hurts exports. This is a problem that all private economies encounter and was historically a driving force of Imperialism. China has a pressure to begin exporting capital abroad to produce goods for cheaper and cheaper as their own workers benefit from cheap commodities and an increase in living standards.
The issue is that transitioning to a consumption economy and increasing the purchasing power of Chinese workers requires raising wages and will sharply affecting domestic production, which in turn hurts exports. This is a problem that all private economies encounter and was historically a driving force of Imperialism. China has a pressure to begin exporting capital abroad to produce goods for cheaper and cheaper as their own workers benefit from cheap commodities and an increase in living standards.