Growth has continued its downward trend in Q4 2021. China’s unsynchronized business cycle and inflation cycle call for an unsynchronized policy cycle.
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Growth has continued its downward trend in Q4 2021. China’s unsynchronized business cycle and inflation cycle call for an unsynchronized policy cycle.
We analyze and clarify the market misperceptions on the "three pillars" of China's new growth model: common prosperity, self-sufficient technology under "dual circulation" strategy and carbon neutrality. We also identify winners and losers of the sectors under the new policy paradigm.