China looks likely to introduce only about half as much fiscal and monetary stimulus in response to the current downturn as it did in 2015/16. Any rebound in growth will be much more tepid as a result...

Progress in the US-China trade talks and the dollar’s fall following the US Fed’s dovish policy statement this week pushed the renminbi to a six-month high. But we think that pressure on the currency...

Most recent signs point to a gradual deceleration in China’s economy but the import data are a key exception, showing an abrupt contraction in November and December. While there appear to be several...

On paper, China’s rebalancing is going swimmingly, with the consumption share of GDP growth jumping last year to its highest level in almost two decades. But this is hard to square with broader data...