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Macroeconomics, risk and global trends reports
China economic focus January 2026: will the government save the economic downturn?
In our first edition of China economic focus in 2026, we discuss the outlook for the Chinese economy. We forecast China’s GDP growth to slow to 4.5...
Carbon policy: 2025 in review
2025 saw shifting dynamics in global carbon policy. Momentum switched from transition optimism to policy pragmatism as governments balanced climate...
Global economic outlook Q4 2025: recent resilience masks impending slowdown
The global economy maintains momentum through 2025, buoyed by businesses racing to beat tariff hikes and AI investment surging. But trade tensions ...
China economic focus November 2025: worse-than-expected downturn
In the November edition of China economic focus, we discuss the factors behind the surprisingly deep October slowdown. The simultaneous collapse of...
China economic focus October 2025: outlook for the 15th Five-Year Plan
In the October China economic focus, we examine the guidelines released in the October plenary session of the Chinese Communist Party, which outlin...
China economic focus September 2025: What’s behind the investment downturn?
In the September China economic focus, we discuss the main reasons behind the slowing fixed asset investment growth: the anti-involution campaign, ...
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