The US and China may be on the brink of a mini deal that postpones the US tariffs that are due to come into force next Tuesday. But with the key structural issues no closer to being resolved, we...

The restrictions on US capital flows into China reportedly being considered by the Trump administration would, at the margin, constrain China’s ability to fund overseas investment. But given China’s...

Beijing’s new airport is a timely microcosm of a nationwide trend in which local governments have built unusually extensive infrastructure, much of which is under-utilised. As a result, investment...

Headline government spending has started to contract but tax cuts mean that the budget deficit is still close to its widest ever and we think the fiscal stance will remain accommodative in the coming...