The government is taking some further steps to boost labour market mobility by making it easier for migrants to settle and access healthcare in many of China’s cities. That will ease one constraint on productivity. Meanwhile though, the apparent capitulation of Ant Group – which has reportedly agreed to restructure as a financial holding company, with the much high regulatory burden that entails – is a reminder the raising productivity is not always the leadership’s primary concern.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services