Some predictions fail to recognize that, after a significant adjustment, China’s economy will almost certainly rebound strongly. The question is how significant that adjustment will be and how protracted will policy responses make the correction.Set against a weak global backdrop, we have to...

At the beginning of the summer holiday season, the Chinese economy looked in rude health. Stock markets were flying high – the IMF measured it as the world's second largest and predicted it would remain so at least until 2020. However, slowing growth and moves by the central bank to increase...