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The world as viewed from China. Click to read Sinification, a Substack publication with tens of thousands of subscribers.
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Sun Liping and Li Daokui Debate China's Disconnected Growth
Whether expressed as "strong supply, weak demand", overcapacity or some form of a "K-shape", a consensus has emerged that insufficient demand is the central weakness of the Chinese economy. The persistent debate centres on how best to fill that demand gap
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Understanding Europe's "China Shock" Anxiety Huang Yiping
The full-scale trade war that Huang Yiping warns of in the speech below has not yet come to pass, but the reprieve may be temporary.The EU has said that talks must yield "tangible results" before the next ministerial-level meeting in October, but many of
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Strong Supply, Weak Demand, Little Urgency? Economic Digest: July 2026
"K shaped" is July's defining buzzword, with a flurry of articles exploring China's simultaneous boom and bust in different parts of the economy through this alphabetic metaphor. The other phrase that completely saturates July's collection of articles is
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Dreaming of Zhu Rongji's China Zhao Jian
The death of Zhu Rongji, the former premier of China who spearheaded market-oriented economic reforms during the 1990s, was announced on Wednesday. The following obituary is by the economist Zhao Jian, an advocate of renewed marketisation and an admirer o
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Advantage Does Not Equal Victory Digest: July 2026
Today's digest is published in collaboration with Bill Bishop's one-and-only Sinocism.The celebratory mood that followed the Trump-Xi summit in May seems to have run its course. The prevailing assessment of US-China "strategic stability" remains broadly o
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