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Under the Banyan Tree by HSBC Global Research

A business cycle with Chinese characteristics

14 min14 augusti 2025

Herald has returned from his summer holiday to a new buzzword in Chinese economics: “anti-involution”. Fortunately, Chief China Economist Jing Liu is on hand to explain what it means.


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Disclosures and Disclaimers: https://www.research.hsbc.com/R/101/dGRXDLn


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