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,
Is everything going wrong for China?
First published: Prospectmagazine.co.uk, 8/12/2015
Slower economic growth, looming bad loan problems and pressure on party officials are all causes for concern
Trying to get a handle on what’s going on in the Chinese economy is becoming increasingly difficult—and necessary.
Reflecting on China’s troubled outlook as it turns 66
In a nutshell, command and control are progressively edging out reform and market mechanisms as the main tools for guiding the economy’s uncertain transition over the medium-term.
Expect more chaos as China’s leaders fight to assert control over the markets
First published: The Times, 29/08/2015
China has become everyone’s bête noire during the past month.
The contradiction at the heart of China’s growth strategy
First published, 14/03/2015
This is a longer version of the article published in the Financial Times on 12/03/2015
China set a new lower growth target of ‘about 7 percent’ at this year’s annual session of the National People’s Congress.