Economist Weinberg Says China Plan Leaves Out U.S.

The video discusses China's economic growth, focusing on consumption trends and the potential turning point in its economic cycle. It highlights the impact of China's Belt and Road Initiative on global trade and the US's exclusion from certain trade agreements. The discussion also covers US trade policy, emphasizing the need for a rethink to boost exports and strengthen the economy.

What is the significance of the retail sales numbers mentioned in the text?

What are the potential consequences of the U.S. not participating in China's trade initiatives?