The recent nonsense issued by the US Treasury Secretary Janet Yellen on China’s ‘overcapacity’ and ‘unfair subsidies’ to its industries is particularly pathetic. As Renaud Bertrand put it: “t…| Michael Roberts Blog
In Q2 2023 the Chinese economy expanded by 6.3% year-on-year, up from 4.5% yoy recorded in Q1. Sounds strong, but quarterly growth was only 0.8%, slowing sharply from 2.2% qoq in the first qu…| Michael Roberts Blog
This week the 5th plenum of the Chinese Communist Party central committee is taking place. The plenum is to discuss the progress of the Chinese economy and to decide on real GDP growth and other t…| Michael Roberts Blog
The annual meeting of China’s National People’s Congress (NPC) is underway right now. The NPC is officially China’s highest deliberative body, ostensibly deciding economic and social policies…| Michael Roberts Blog
