Despite the symbolic lowering of China’s 2012 GDP growth target to 7.5%, we continue to expect growth of 8-8.5% YoY this year.
Big Meetings
Lower growth target provides room for rebalancing
The 7.5% GDP growth target outlined by Chinese premier Wen Jiabao in his annual address to the National People's Congress is in line with previous official predictions of slower growth in 2012
Political reform – is anyone listening?
Premier Wen has made another public call for political reform but the response – with a few exceptions – has been respectful silence.
Property investment to slow
We estimate that some 13m housing units stand empty, but this signifies not so much a bubble about to burst, as a slowdown in property investment growth.
An era of financial reform is dawning
A desire to bring a vast informal financial system under regulatory control is obliging Beijing to make concessions to market forces.
Congress presents picture of political poise despite pressures
So far, the image presented at the ongoing session of National People's Congress is of a competent government planning bold steps to meet its challenges.
High-speed scandal?
High-level officials faced questions at this week's National People's Congress over the government's high-speed rail ambitions after dismissing Railways Minister, Liu Zhijun.
What does this year's conference mean for the stock market?
How will mainland markets move following announcements from this year's two meetings of the Chinese People's Political Consultative Conference and the National People's Congress?
Five Year Plan - Key points leak out
Analysts debate the shape of China's next Five Year Plan (2011 - 2015).
China and climate change pledges
Chinese scholars debate China's ambitious pledge to cut carbon emissions by 40%-45% by 2020.
RENMINBI COMPASS
Renminbi Compass, a new research service launched by the FT, aims to act as a navigational guide through the expanding universe of renminbi asset classes. With the Chinese currency gaining ever-wider acceptance around the world and Beijing taking steps to open its capital account, we are broadening our research coverage to include not only equity funds but also all other important renminbi asset classes, such as chengtou bonds, dim sum bonds, real estate, trust products, underground banking, art, antiques and several others.
