Jonathan Fenby

Director of China Research
+44 (0)20 3008 5764

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Recent China research

* China Watch: Outlook for 2018, Larry Brainard, Trey McArver, Michelle Lam, 7 Dec 2017
* China Perspective: North Korea scores, US stuck, Jonathan Fenby, 1 Dec 2017
* China Watch: The profit cycle – still some way to go, Michelle Lam, Trey McArver, Larry Brainard, 30 Nov 2017
* China Watch: China’s road to an automotive superpower, Michelle Lam, Trey McArver, Larry Brainard, Kingsmill Bond, 23 Nov 2017
* China Watch: Financial liberalisation - a step forward, Jon Harrison, Michelle Lam, Trey McArver, 16 Nov 2017

See all our China research >>

China: What happens when the money runs out?

Overview

Recent economic numbers have fostered expectations that China has beaten the downturn and that its stimulus package has set the scene for sustained recovery. Data over the summer are likely to add to this optimism owing to the sheer scale of the fiscal and monetary programme, totalling Rmb9 trillion (US$1.3 trillion). However, our view is that while the government will be able to achieve rising growth rates in the coming quarters, the quality of that growth will be in question as...

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