中国思考- 投资者关于反内卷、增长与再通胀路径的常见问题-China Musings-Investor FAQs on Anti involution, Growth and ReflationGlide Path

Anti-involution marks a deeper policy pivot since Sep-2024 toward structural rebalancing. But it's complex and difficult in practice. Our answers across five FAQs leave our base case intact: slower 2H growth, buffered downside, and lingering disinflation into 2026. Key Takeaways In this report, we address the follow five key questions: Q4: What is the impact from the upcoming compulsory social security contribution rule for individual business entities? Q5. How could US recent tariff re-escalation affect Ch ...