25 Aug China’s growth slowdown and regulatory crackdown
Key Points:
- China is seeing a regulatory crackdown on tech companies, the property sector and inequality aimed at supporting its middle class.
- The shift to “bigger government” likely has further to run.
- Chinese economic growth is likely to be soft this half but policy easing and maybe a pause in some regulatory moves should allow a rebound next year.
- This will be positive for commodity prices and Australia.
