Sign up with your email address to be the first to know about new products, VIP offers, blog features & more.

Red Flags: Why Xi’s China is in Jeopardy is the prescient and relevant book on China by renowned economist George Magnus, also the acclaimed author of ‘The Age of Ageing’ and ‘Uprising’. Plaudits include:
Martin Wolf, Financial Times – “characteristically clear and compelling”
Peter Frankopan, author of The Silk Roads – “ominous and thought-provoking”
David Smith, Sunday Times – “Magnus is not predicting a sudden crash but rater how a series of risks might unfold”

The book is also available in paperback form with additional chapters

George Magnus occupied a front row seat as Chief Economist at UBS as events challenged governments, economies and financial systems. He was at the coal-face for the Asia crisis, the dot-com boom and bust, the 2008 financial crisis, which he predicted as a ‘Minsky Moment’, the Euro crisis, and the rise of China in Asia and the global system.

Since leaving UBS in 2016, George has devoted his attention to the Xi Jinping’s China and sought to analyse and explain the key drivers of China’s economic slowdown and its consequences, and the increasingly trenchant significance of China’s role in the global economy and for international relations.

George is a research associate at Oxford University’s China Centre, and at the School of Oriental and African Studies in London, and works as author and speaker. His work  has been featured in many media sources including the Financial Times, Guardian, New Statesman, Politico, Prospect, Spectator, Telegraph, and the Times, and his China views are sought regularly by radio and TV. He also authored  The Age of Aging (2008), and Uprising: will emerging markets shape or shake the world economy? (2011).

This website gathers together many of George Magnuss articles, opinion pieces and commentaries on these and other topics, and offers an opportunity for feedback.

Risk of a renminbi devaluation is real

China should not consider a currency devaluation and it wouldn’t help much anyway, but that doesn’t mean it won’t happen

China’s National People’s Congress and the economy: Short change

China’s NPC deliberated the economy and the headwinds swirling around both its technology successes and macro shortcomings. But policies to address the latter are still lacking

Why China’s New Growth Target Misses the Mark

The Chinese government is trying to lift spirits, but it has failed to offer realistic plans to address the country’s deep-seated economic problems.

How the Chinese markets lost faith in the CCP

China stabilised its equity market before the Lunar New Year holidays, but will this repair faltering confidence?

China’s Economy: Cassandra vs. Pollyanna

First published: China Books Review, 25th January 2024

The untimely passing of Li Keqiang at age 68,