New York Times (September 1)
“The narrative about China has changed with stunning speed, from unstoppable juggernaut to pitiful, helpless giant.” This isn’t solely, however, the result of a recent turn of events. “China’s economic problems have been building for a long time.” The outlook for the next few years seems bleak, but China remains “a bona fide superpower, with enormous capacity to get its act together. Sooner or later it will probably get past the prejudices that are undermining its policy response.”
Tags: China, Economic problems, Helpless, Narrative, Outlook, Pitiful, Policy response, Superpower, Unstoppable juggernaut
Financial Times (February 7)
“Investors are befuddled. Until a clear narrative on how the economy will fare emerges, markets will continue to whipsaw…. Markets are still digesting what it means for the US economic outlook, with a hard, a soft, and even a “no landing” scenario on the table, which have varying implications for investors and their positioning.”
Tags: Befuddled, Economy, Hard, Implications, Investors, Landing, Markets, Narrative, Outlook, Scenario, Soft, U.S., Whipsaw
