Yesterday
Xi steps up economic aid with new debt issuance, PBOC visit
China’s legislature approved a plan to raise the fiscal deficit ratio for 2023 to about 3.8pc of GDP— well above the 3pc set in March.
- Bloomberg News
September
- Opinion
- Opinion
Japanification would be a good outcome for China
High debt, lower productivity and the lack of adequate provisions being made for the ageing population are a looming slow-motion financial and social train wreck.
- John Lee
- Opinion
- Opinion
China learns nothing from the financial crises of others
Beijing’s reluctance to bite the bullet on bad assets looks like an error that the whole global economy may pay for.
- Adrian Blundell-Wignall
August
Signs of revival amid weak China factory output
The Asian giant’s manufacturing sector shrank for a fifth straight month in August, as slowing global demand for goods dragged on its economy.
- Zhu Lin
- Opinion
- Opinion
China draws debt-fuelled growth line in sand
By opting for surprisingly small measures, the Communist Party leadership is accepting an over-leveraged Chinese economy that cannot afford another round of debt-financed stimulus.
- Stephen Roach
- Opinion
- Inside China
Why the sense of Chinese economic malaise is deepening
Beijing’s failure to bolster consumer confidence risks triggering a major crisis in its huge, opaque shadow banking sector.
- Karen Maley
