The impossible trinity returning to a China near you

Friday 13 April 2018

China is slowing. We know it. It’s obvious in credit and growth will be next:

Capital Economics is so bearish now that it reckons China will be slashing interest rates by mid year:

China is in the crosshairs as the Trump administration shifts towards greater protectionism. The measures announced so far won’t have a big impact on the economy. Even so, we think growth in China will slow this year as domestic headwinds from a slowdown in construction build, which is likely to prompt the People’s Bank to loosen monetary policy.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.