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China economic focus June 2023: local government debt at risk
China’s public debt level is at an alarming stage, with total government debt reaching 96% in 2022. The risks of a debt crisis vary across province...
China economic focus March 2022: is the 5.5% GDP growth target achievable?
The Chinese government has set the country’s GDP growth target for 2022 at around 5.5%. The target surprised the market on the upside, and is also ...
China economic focus May 2022: a downside scenario
Under the ‘dynamic clearing’ policy, new Covid-19 outbreaks in H2 2022 and 2023 could further depress the Chinese economy. In May’s China Economic ...
China economic focus May 2023: a recovery without inflation
China’s inflation will remain low in 2023 as the country is facing an oversupply amid its economic recovery. The Chinese government has directed mu...
China economic focus November 2021: potential disruption ahead
We forecast the Chinese economy to slow down from 8.1% GDP growth in 2021 to 5.4% in 2022. A few disruptions to economic activity will contribute t...
China economic focus November 2022: removing the two obstacles to growth
Covid restrictions and a recession in the property sector are the two biggest obstacles to China achieving GDP growth above 5% next year. However, ...
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