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China deflation

China's economic slowdown – this isn't just cyclical

Our new report reveals sharp deceleration in Chinese trend growth

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Market hopes that Beijing will step in with enough policy easing to return growth to its previous form are likely to be dashed, according to a new report from Capital Economics. Get this exclusive report on China to find out why a cyclical bounceback to recent growth highs is unlikely and learn:   

  • Our latest forecast for China's trend growth rates according to our proprietary China Activity Proxy;
  • The forces that have driven down Chinese trend growth since the start of the pandemic;
  • Why China is –  and isn't – like Japan in the 1990s.

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Listen to China Economics head Julian Evans-Pritchard discuss Chinese trend growth in his episode of our Weekly Briefing podcast (16:00-26:28)