Note
China Pathfinder Update: Lack of Policy Solutions in Second Half of 2023 Belies Official Data
In the second half of 2023, Beijing's efforts on market policy reorientation were limited.
Partner
Daniel H. Rosen is the co-founder of Rhodium Group and leads the firm’s work on China.
ChinaMr. Rosen has worked professionally on China’s domestic economy and global commercial relations since 1992. He is widely recognized for his research on US-China relations and Asian commercial dynamics. He is affiliated with numerous think tanks focused on international economics and is an Adjunct Associate Professor at Columbia University.
From 2000-2001, Mr. Rosen was Senior Adviser for International Economic Policy at the White House National Economic Council and National Security Council. He is a member of the Council on Foreign Relations and the National Committee on US-China Relations.
A native of New York City, Daniel graduated with distinction from the graduate School of Foreign Service of Georgetown University (MSFS) and with honors in Asian Studies and Economics from the University of Texas, Austin (BA).
Note
In the second half of 2023, Beijing's efforts on market policy reorientation were limited.
Note
China may see a cyclical recovery to perhaps 3.0-3.5% growth in 2024 as the property sector bottoms out, but structural slowdown will remain the dominant story for years to come.
Report
As the structural nature of China's slowdown becomes undeniable, we track Beijing’s reform efforts by comparing China’s economic system to those of market economies.
Note
Leaders and economists hint that China's macroeconomic stress is necessitating a renewed push for reform.