After a series of policy missteps by Beijing, the narrative on China has flipped from optimistic to pessimistic. Yet IMF forecasts suggest that China will have increased its share of world GDP by 1.6 percentage points over the period 2019‒23, which compares to a combined 1.8 percentage point decline for the G7, at purchasing power parity (PPP) exchange rates… [Please click below to read the full note.]