China

First published: The New European 20-03-2023

With any luck – and we will need some – the maelstrom going through the banking sector and global financial markets will blow over without triggering the kind of meltdown we experienced in 2008.

China has some advantages over Japan, such as a state-owned financial system that can prevent significant banks from failing and a closed capital account that can protect the country’s banking system and the economy from the risk of significant capital flight. This however might not prevent China from taking the same economic trajectory Japan has. Read more →

China’s sharp diplomatic and foreign policy edges never really went away, but may have been rested temporarily simply for reasons of expediency. Read more →

A falling population and the political scars from its zero Covid policy present warning signs for China. Read more →

Xi Jinping's China in the aftermath of the 20th party Congress is on a path populated by political determination to succeed, but also systemic economic fragility and policy instability. Read more →