Originally published on Feb. 13, 2019
By Bluford Putnam and Erik Norland
China's growth is decelerating, it is loaded with debt and is involved in a high stakes trade war with the United States. Despite these issues, China's economy appears to be holding up better than one might have expected. In fact, China's growth could even accelerate in 2019 in response to aggressive monetary easing. However, that same monetary easing is piling on risks for the 2020s that could compound the ills of demographic changes and send markets on a roller coaster ride. Our analysis