$1.4tn fiscal package falls short of market hopes as Beijing braces for Trump tariffs
Local governments have been weighed down by trillions of dollars of debt
Technology and self-sufficiency matter more than growth and profits
The Chinese economy needs a clearer strategy to boost its lacklustre demand
Communist party’s deputy director for economic affairs points to ‘divergence’ between regions and low consumption
Kristalina Georgieva’s remarks at Beijing conference come as China export glut tensions rise
Beijing clamps down on province-level infrastructure spending even as it tries to stimulate economy
That doesn’t make Chinese stocks a buy
Short-term macro policies and medium-term structural changes are urgently needed to restore confidence
Fund managers and analysts argue gloom over economy is overdone but remain wary of beaten-down Chinese shares
Analysts warn prolonged price declines will undermine business and consumer confidence
Some global fund managers fear government efforts to stabilise the market are too little, too late
AmCham warns that majority of companies are still unprofitable in a ‘wake-up call’ to Beijing
Rating agency cites increasing risks to growth and a property sector crisis
Annual policy meeting due this month will signal how much help government is prepared to give
The Chinese stock market is below where it was in 2019. Is this a warning or a bargain?
Also in this newsletter: Ukraine funding concerns, IMF calls for carbon taxes, Wall Street’s ‘fear gauge’ hits record high
Like Japan and South Korea, China has a shrinking population but it has fewer ways to manage the change
To stop a problem becoming a crisis, the government needs to intervene
Beijing needs to avoid a potentially debilitating deflationary cycle
Since high debt and a weakening property market will limit any stimulus, structural measures are needed
In the first part of a series, the impact of falling house prices is examined as it spreads to local government finances and the broader economy
The economic fallout of China’s lockdowns looks set to be profound
Beijing’s repeated pledges to shrink the state are both empty and impossible
Manufacturers’ vulnerability to supply chain shock intensified by rundown in stock levels
