China’s economy is moving up a gear

Last year, China’s economy suffered from the trade war with the US and the stockmarket was slumping. So Beijing decided to switch gears and stimulate the economy once again. It appears to be working.

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Ever since Tiananmen Square, rulers have placated the population with strong growth

"China is the dog and the rest of the world economy is its tail," says John Authers on Bloomberg. The global economy breathed a sigh of relief when the Chinese economy, the world's second largest, grew by 6.4% year-on-year in the first quarter of 2019, slightly better than expected and the same pace as in the previous three months. Factory output went up by 8.5% in March, and retail sales expanded by 8.7%.

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Marina Gerner is an award-winning journalist and columnist who has written for the Financial Times, the Times Literary Supplement, the Economist, The Guardian and Standpoint magazine in the UK; the New York Observer in the US; and die Bild and Frankfurter Rundschau in Germany.

Marina is also an adjunct professor at the NYU Stern School of Business at their London campus, and has a PhD from the London School of Economics.

Her first book, The Vagina Business, deals with the potential of “femtech” to transform women’s lives, and will be published by Icon Books in September 2024.

Marina is trilingual and lives in London.