Consistency in Change: China’s Enduring Approach with New Tech and Green Dimensions

Consistency in Change: China’s Enduring Approach with New Tech and Green Dimensions

By Klitos Philippides

29 May 2024

In this paper we discuss:

• Why China’s “new” economic model is very similar to the old one;
• The new emphasys on “green” (e.g. solar panels) and “tech” (e.g. EVs, chips, etc);
• How China will continue to “damp” excessive capacity on global market, with a deflationary impact;
• The possible response by Western countries, which could be in terms of duties, tariffs and barriers to trade;
• How this reaction may prove do be inflationary in the end.

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Download PDF: China – May 2024

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