After China’s party congress, is there hope of better policymaking?
Lessons from a previous generation of reformers
When china’s communist party reveals the 25 members of its new Politburo later this month, investors will be watching closely. The line-up should offer clues about who will take charge of the country’s economic policymaking. But how useful is this exercise? Suppose investors did discover the names on China’s next economic team sheet. What could they reliably infer about China’s policies and performance from its personnel?
This article appeared in the Finance & economics section of the print edition under the headline “The reform club”
Finance & economics October 15th 2022
- Emerging markets look unusually resilient
- After China’s party congress, is there hope of better policymaking?
- As Europe falls into recession, Russia climbs out
- Rates are rising at unprecedented speed. When will they bite?
- Three economists win the Nobel for their work on bank runs
- Who will survive the fintech bloodbath?
- Credit-default swaps are an unfairly maligned derivative
- Energy shocks can have perverse consequences
Discover more
The great-man theory of Wall Street
Why finance is still dominated by bold individuals
Hong Kong’s property slump may be terminal
Demographics and geopolitics will make a recovery harder
Why everyone wants to lend to weak companies
An unanticipated side-effect of Donald Trump’s election victory
American veterans now receive absurdly generous benefits
An enormous rise in disability payments may complicate debt-reduction efforts
Why Black Friday sales grow more annoying every year
Nobody is to blame. Everyone suffers
Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer