Jonathan Fenby

Chairman, China team and Managing Director, European Political Research
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Recent China research

* China Watch: No surprises ahead of the Party Congress, Larry Brainard, Michelle Lam, Trey McArver, 21 Sep 2017
* China Watch: Slowing Chinese imports could hit EM, Jon Harrison, Michelle Lam, Trey McArver, 14 Sep 2017
* China Watch: No more debt escape, Michelle Lam, Trey McArver, Larry Brainard, 7 Sep 2017
* China cuts domestic gas prices – demand (and security concerns?) to rise further, Stephen O'Sullivan, 7 Sep 2017
* China Gas Reform: Softly, Softly, Stephen O'Sullivan, 5 Sep 2017

See all our China research >>

China’s leadership tried to have it both ways – and risks disappointment

Overview

On the face of it, the annual plenary session of China’s National People’s Congress (NPC) now ending in Beijing cleared up some major questions about the “new normal” proclaimed by the Xi Jinping-Li Keqiang administration in recent months The growth target for this year was set at “about” 7 per cent, down from the 7.5 per cent officially reported for 2014. Economic reform is to be pursued along with a proactive fiscal policy and a prudent monetary policy. Xi castigated the “two...

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