Xi Jinping’s unassailability over the winter is being challenged by numerous developments this summer
China’s date with real deleveraging will have to wait
Politics and the financial crackdown have elbowed economic concerns aside for now, but not for long
Looking behind China’s GDP curtain
China’s latest GDP report states that the economy grew by nearly 7 per cent in 2017 but the official statistics are misleading and manicured
China has regained economic stability, but clues are in the weeds of finance
Rapid growth in assets has to be matched by equally rapid growth in liabilities. And this is China’s Achilles’ heel.
China’s contradictions will catch up with it
First published: Prospectmagazine.co.uk article, 16/05/2016
How long until the country faces up to its financial instability?
China’s debt reckoning cannot be deferred indefinitely
First published: Financial Times, 29/04/2016
Credit build-up will end with serious consequences for the global economy
On one of my first trips to China in the early 1990s,