Martin Wolf’s China file

Our chief economics commentator on the true state of the Chinese economy and the challenges it poses for the world

Given its macroeconomic imbalances, China could unleash global mayhem

It might take a communist leader to convince Trump of the merits of free trade

The country needs to rebalance its economy before opening up capital flows

The US president’s rhetoric on trade reads like a declaration of economic warfare

Corruption is too deeply rooted in the party system for Xi’s reforms to work

Slowing emerging market economies pose serious problems for luxury brands

The country is systemically important and suffers high and rising corporate indebtedness

Beijing seems strangely indecisive on the economy and yet increasingly authoritarian in politics

As Japan has shown, shifting to a lower-growth model is risky