Although the US-China trade war and the protests in Hong Kong have hogged the news headlines this year,
China’s economy faces uncertainty and choppy waters in the years ahead, a trend that the trade conflict with the United States seems likely to deepen.
The assertion that China’s economy will soon be the largest in the world is a factoid
There is no denying it has been a difficult 12 months for Beijing
The Chinese state can throw money at its economy – but that avoids the real issue
-China is under pressure from Washington to liberalise in ways that are uncomfortable
-Liberalisation has consequences for the Communist Party to which it is strongly opposed
-But China’s economic slowdown and domestic pushback are edging it closer to a deal