Bo Zhuang

Chief Economist and Director, China Research
+86 10 5960 3315

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Deciphering China’s political-business cycles

Overview

The Bo Xilai saga has focused attention on China’s top leadership as it goes into the transition period at the Communist Party Congress later this year. However, the primary impact of the political reshuffle on macroeconomic policy and investment is not coming from the top. Instead, it is heavily influenced by the ongoing change in local leadership. We believe this will be the main driver of economic activity in...

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