Aboard the 'silver train', China's retirees do their bit to offset Trump's tariffs

A new initiative aims to boost the local economy by attracting elderly travellers to remote parts of the country.

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But this week, Chinese officials have acknowledged the potential for economic pain as a result of the unfolding trade war with the US.

One option for policymakers here is to try to increase domestic consumption to make up for lost export revenue.

China has a massive population and, if they start buying more stuff, Chinese companies won't have to rely as much on trade overseas.

A key target in this endeavour are retirees with potentially decades of savings.

https://www.bbc.com/news/articles/cj0zqdqzp73o

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