- While the rest of the world has experienced one of the sharpest and most brief economic recessions in decades, China experienced something that has looked much more like a normal economic cycle.
- Whereas China has been on a bit of an island for the past year, tightening policy as others loosened, the tables now appear to be turning.
- China is showing no signs of reversing course on its tighter regulatory and capital market scrutiny regime.
- The major constraint to China’s current approach of increased government interventionism comes from the opposing forces of China’s global geopolitical ambitions and the hard reality of its demographics.
For further details see:
China's Private Sector Crackdown