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What Can We Expect in China in 2020? (McKinsey&Company, 20 min read) McKinsey expects more bankruptcies, regulation, unpredictable risks to reputation and more selective consumer spending patterns. But opportunities exist. Economic growth will continue to be led by domestic consumption creating opportunities for companies to increase activity. Government spending on priority sectors should also boost business in 2020. [Bullish China consumer]
Does China’s Overseas Lending Favour One Belt One Road countries? (Munich Personal RePEc Archive, 24 page read). Beijing’s launch of the Belt and Road initiative in 2013 boosted China’s lending towards the roughly 70 countries involved, in particular, those along the continental route. Lending promotion continued over a period of 3 years according to the paper’s findings with the effects strengthening over time.