Why China’s economic transition should continue to foster growth

April 2017, James Brown, Portfolio Manager China is a unique economy, given both its scale and the fact that it is effectively centrally controlled by the Chinese Communist Party (CCP) and Central Standing Committee (CSC – led by President Xi Jinping). And while China has embraced a form of capitalism, commonly known as the ‘socialist market economy’, the CCP can exert enormous control if it wishes through its single party government. And this is what makes China so fascinating to watch. 2016 saw economic stabilisation in China The combination of targeted government stimulus and strong domestic demand saw China’s economy stabilise … Continue reading Why China’s economic transition should continue to foster growth