The abolition of China’s controversial one-child policy may have grabbed plenty of headlines, but the economic impact of the move will be small.

The People’s Bank has delivered another jolt of stimulus in the form of cuts to both benchmark interest rates and the required reserve ratio. Deposit rates have also now been fully liberalised, an...

Although we think the official GDP figures overstate growth, we believe that it is primarily industrial growth that is exaggerated and are more willing to take the strength in services at face value.

We shouldn’t expect China to have a statistical system as robust as those in the developed world. But the problems in China go beyond those normally found in an emerging economy. The biggest is that...