”Where next for China’s big bang policy reforms”, William Hess, PRC Macro

David Osman of the IRF Podcast team is joined by William Hess, the co-CEO and co-Head of Research at PRC Macro, which is based in Beijing and New York. ----more----With global investors becoming increasingly concerned about the recent big bang policy developments in China, PRC Macro is ideally positioned to identify and analyse key developments in the Chinese economy, not least in the property sector and the financial markets. Established in 2012, PRC Macro develops economic information and forecasting services to fill the large analytical gaps that exist with respect to China’s political economy. They do this through data, analytical models and extensive on the ground research. PRC Macro offers a subscription to their service where clients can expect to receive at least a weekly market outlook for multiple asset classes, thematic investment ideas and policy analysis. They are also able to offer bespoke work, roundtable events, webinars and privacy briefings. In this podcast William Hess explains the pros and cons of Xi Jinping’s Common Prosperity Agenda and the severe problems in China’s highly-leveraged property sector. William also discusses China’s demographic trends, which will slow the rate of economic growth significantly in the years ahead. He highlights the main implications for Chinese monetary and fiscal policymakers and for investors in China’s bond and equity markets. William also assesses the chances of China introducing a nationwide property tax in the next few years. In addition, he discusses China’s more aggressive approach towards reunification with Taiwan and other matters relating to the evolving Sino-US relationship, as well as the outlook for the Chinese currency.