Bo Zhuang

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

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Recent China research

* China Watch: Resilience as headwinds are building, Michelle Lam, Trey McArver, Jon Harrison, 17 Aug 2017
* China Perspective - Korea, China, US: Edging towards Brink, Jonathan Fenby, 14 Aug 2017
* China Watch: Why the growth path will be bumpier after the Party Congress, Bo Zhuang, Jon Harrison, Trey McArver, 10 Aug 2017
* Korean crisis grows more dangerous, Jonathan Fenby, 9 Aug 2017
* China Watch: Corporate earnings recovery boosts sentiment, Bo Zhuang, Larry Brainard, Trey McArver, 3 Aug 2017

See all our China research >>

Watch China’s elusive indicator – the job market

Overview

Overview

Labour market stability is the ultimate bottom line for the Chinese leadership – government officials have emphasized that slower growth will be tolerated if sufficient jobs are created. It is clear that the rate of GDP expansion is falling: the official print is 7 per cent in the first half of this year, down from 7.4 per cent for 2014 as a whole and 10.6 per cent in 2010. We do not doubt that the government would loosen policies if large-scale unemployment threatened. But,...

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