This Week in The Lens
The Lens is FrontierView’s weekly newsletter published by our Global Economics and Scenarios team. Each week, The Lens features easily digestible content that dives into the business implications of macroeconomics on the market today.
Economic and geopolitical trends and insights from FrontierView’s Global Economics and Research team
__________________________________________________________________________________________________________________
This week, the world’s eyes were turned towards China, which held its annual “Two Sessions” conference. Certain announcements caught the attention of our analysts: the growth (5%) and inflation (3%) targets were particularly ambitious, given the country’s dimming growth prospects, downward price pressures, and lack of substantial fiscal stimulus.
In a way, however, the “Two Sessions” proved relatively unsurprising: the conference was a display of further consolidation of Xi’s power, continuing China’s trend toward one-man rule that has been several years in the making.
There is a new reality in China: while the country will continue to offer growth opportunities moving forward, these will be less bountiful than in previous years and, crucially, they will exist in a more competitive, volatile and uncertain environment. Multinationals should make sure they are updating their assumptions around China.
Analyst, Global Economics
Read our insights from this week:
The Author
Antoine Bradley
Analyst, Global Economics