Latest Analysis

China Pathfinder: H2 2023 Update

China Pathfinder: H2 2023 Update

Through the second half of 2023, the gap between China’s impressive official data and visibly underwhelming consumer demand, unresolved local government debt problems and an unprecedented drop in foreign direct investment was stark.

China Pathfinder: 2023 Annual Scorecard

China Pathfinder: 2023 Annual Scorecard

The economic effects of the pandemic obscured the underlying problems, but developments in 2022 underlined the structural nature of China’s slowdown. In its current trajectory, China’s economic growth will continue to grind ever slower.