Latest Analysis

During the second quarter of 2023 slow growth has caused the rhetoric around Chinese economic reform to turn more practical, but concrete actions have been insufficient. Without those structural reforms, systemic challenges have grown.

During the first quarter of 2023 China reopened its borders and rolled out the rhetorical welcome mat for foreign investors. However, an aggressive public campaign to allay concerns about the direction of China’s economy has not been underpinned by a convincing shift in policy.