China

Xi Jinping's market pivot aims to resuscitate China's economy, but bloated subsidies and a global trade war might choke the recovery.

Most readers of Aussienomics are probably still busy soaking up the Australian summer rather than looking for interesting tidbits in their inboxes. But for those of you still checking your emails, here are a few of my thoughts on some of the essays, papers and news I’ve read over the break.

China's stimulus under-whelms; the laws of mathematics trump the laws of Australia's former Prime Minister; what the future holds for AI and autonomous vehicles; protectionism and industrial policy are failing the world; and India's institutional limits under Modi.

China's economic woes, driven by past stimulus, misguided industrial policies, and excessively tight monetary policy, are pushing the country toward deflation and a Japanification of its economy.

Australia's economic outlook hinges on shifting global supply chains and iron ore demand, as China's manufacturing dominance faces challenges from emerging competitors and geopolitical tensions.

Xi Jinping's state-led economic vision is crippling China's growth potential, fuelling overcapacity and wasting trillions of dollars, with far-reaching consequences for China, Australia and the world.

China's economy faces structural issues that Xi's policies can't fix. His "new quality productive forces" strategy will distort the economy and fail to make China rich. To stay ahead, Australia should embrace China's subsidised exports to benefit consumers while ensuring economic flexibility.

Where the cost of living crisis is biting hardest; China's pivot from growth to security; AI is a marathon, not a sprint; why interest rates might stay higher for longer; and plenty more in this week's Fodder.

Here are a few short takes for you to chew over on the weekend, from the week’s happenings that probably didn’t need a full post.

Here are a few short takes for you to chew over on the weekend, from the week’s happenings that probably didn’t need a full post._