Jonathan Fenby

Chairman, China team and Managing Director, European Political Research
+44 20 7246 7880

Trey McArver

Director, China Research
+44 20 7246 7894

Bo Zhuang

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

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Recent China research

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* 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

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China Monitor: Call to arms or cry of alarm?

Overview

The top-level debate about the direction of China’s economy has escalated with a highly negative full-page article in the Communist Party’s flagship newspaper, People’s Daily, forecasting an “L-shaped” economic trajectory in the coming years, rejecting dependence on fresh stimulus measures and highlighting the dangers of increased leverage. The 11,000-character article appears to be recognition that economic policy needs a major overhaul. The question is whether the political system...

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