As punditry goes overboard this week on the 2018 outlook, what do we really know? What we should be looking for isn’t so much forecasts as discontinuities.
This year, the Party switched the focus to the struggle between still ‘inadequate and unbalanced development and the people’s ever growing needs for a better quality of life’. It has prompted China-watchers to wonder if China is now going to or will soon downgrade growth, per se, at any cost.
20th November 2017
They say that leaving the Single Market and Customs Union,
The president’s approval ratings are now dire—but the big test is yet to come.
There is no question that the election result has been the catalyst for the change in sentiment, but the agents of change have been the same all along.
All in all, the regulatory clampdown is both a serious attempt to curb excessive financial and speculative behaviour, and a means to restrain liquidity.