The writer is head of research at Gavekal Dragonomics and author of ‘China’s Economy: What Everyone Needs to Know’
China last year had the quickest economic recovery from the coronavirus pandemic of any major country. This year could be the first since the 1970s in which it grows more slowly than the US. Is China fading?
In a word, no. China’s economy is in good shape, and policymakers are exploiting this strength to tackle structural issues such as financial leverage, internet regulation and their desire to make technology the main driver of investment.
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