Reasons to be bearish about China’s rise
Yes, its economic engine is remarkable, but there are factors that should temper predictions of global hegemony
Yes, its economic engine is remarkable, but there are factors that should temper predictions of global hegemony

The country plans to reinforce its dominance of global manufacturing, despite persistent deflation at home and rising tensions…

Appreciation would suit Beijing’s global ambitions for the currency

Chinese policymakers are finally getting serious about boosting consumption

The response should be better industrial strategies, not knee-jerk protectionism

Beijing’s export offensive could be more destabilising than Trump’s tariffs

A steady appreciation would boost domestic consumption and improve trade relations