As China shows sparks of recovery, it’s best not to get too excited about the improving health of Asia’s biggest economy. That’s especially true if you’re Xi Jinping and Li Qiang. The green shoots seen in October data on China’s retail sales and manufacturing are indeed a relief to global investors and Asian policymakers. The […]
China not out of the woods despite green shoots
Latest retail sales and manufacturing data are cause for hope but the property crisis will continue to dampen good news narratives
