As US companies were reporting their earnings this week, China held its fourth plenum, at which members of the Communist Party’s Central Committee met. Photo: Reuters
Hannah Anderson
Opinion

Opinion

Macroscope by Hannah Anderson

What US earnings season and China’s fourth plenum have in common

  • Both corporate leaders and China’s Central Committee must answer the question of whether they can continue to deliver high growth
  • However, while American company earnings and China’s economic growth face many similar challenges, they are on different trajectories

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As US companies were reporting their earnings this week, China held its fourth plenum, at which members of the Communist Party’s Central Committee met. Photo: Reuters
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Workers erect scaffolding at a construction site in Beijing in 2019. China came fourth in a new report’s measure comparing 114 economies across traditional growth drivers such as infrastructure building. Photo: AFP

China, US, India ill-prepared for disruptions to global economy: new report

  • Bloomberg’s New Economy Drivers and Disrupters Report puts the Asian giant at 50th out of 114 economies in terms of preparedness to deal with disruptive forces such as climate change, populism and protectionism
  • New Zealand was most ready to handle these disrupters, while Sweden came top in terms of its track record in traditional drivers of growth
Topic |   China economy

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Workers erect scaffolding at a construction site in Beijing in 2019. China came fourth in a new report’s measure comparing 114 economies across traditional growth drivers such as infrastructure building. Photo: AFP
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