China’s latest power grab — all hot air?

Fathom Consulting // Insights // China’s latest power grab — all hot air?

China’s latest power grab, ‘Made in China 2025’, has a distinct whiff of familiarity, but could this time be different, or is it all hot air? Deteriorating fundamentals mean that China is under growing pressure to move up the value-add chain, and its old tried-and-tested strategies of utilising bank lending and currency depreciation to fuel growth are losing favour…

China’s latest power grab — all hot air?