Wang Tao-Opinion | China news

: Wang Tao
Wang Tao is the head of Asia Economic Research, UBS Investment Bank and a former senior economist at the International Monetary Fund. She is the author of “Making Sense of China’s Economy”. She is an invited fellow of the China Finance (CF) 40 Forum and a member of the China Global Economic Governance 50 Forum.

Feb 24, 2025 19:34 PM
Wang Tao: NPC Meeting Likely to Prioritize Stabilizing Growth
Lawmakers may emphasize boosting domestic demand with more supportive macro policies, with reviving household consumption as a top task
Dec 11, 2024 19:35 PM
Commentary: CEWC Will Endorse Stronger Policy Support to Counter Headwinds
Persistent weakness in domestic demand and a potentially more hostile external environment will prompt policymakers at the upcoming annual economic works conference to step up support for the economy
Oct 13, 2023 21:08 PM
Wang Tao: What’s the Outlook for China’s Housing Market?
Sentiment among potential homebuyers soured in August, a UBS survey found, but the situation may get better in the coming months
Sep 13, 2023 20:46 PM
Wang Tao: Expect China’s Credit Growth to Pick Up Further
Total social financing grew faster in August than the previous month, due partly to an increase in bank loans and bond issuance
Aug 22, 2023 14:28 PM
Wang Tao: UBS Downgrades China 2023 GDP Forecast
Growth has been lowered from 5.2% to 4.8%, given the deepening property downturn, softening external demand, and weaker-than-expected policy support
Jul 28, 2023 17:01 PM
Wang Tao: China’s Fiscal Challenge and Local Government Debt Risk
UBS estimates that China’s total government debt was 92% of GDP at the end of 2022, including a sizable contingent and implicit debt from LGFVs
Jul 18, 2023 16:23 PM
Wang Tao: China to Offer Modest Policy Support for Second-Half Growth Rebound
UBS Investment Bank’s chief China economist predicts further easing for the property market, greater fiscal and quasi-fiscal expansion to boost infrastructure investment, and a small policy rate cut
Mar 08, 2023 17:55 PM
Wang Tao: Takeaways From China’s Government Work Report
UBS has upgraded its GDP growth forecast for the country to 5.4% for 2023 and 5.2% for 2024
Feb 01, 2023 16:55 PM
Wang Tao: Economic Activity Gains Ground During Holiday, but Nowhere Near Pre-Covid Levels
High-frequency data around the Lunar New Year improved over 2022, but some indicators remain well below where they were before the pandemic
Dec 17, 2022 20:24 PM
Wang Tao: Key Takeaways From China’s Central Economic Work Conference
Stabilizing growth is the top priority, with measures to boost the real estate sector and a supportive tone for non-SOEs, foreign investors and online platforms
Dec 06, 2022 18:35 PM
Wang Tao: What to Expect From China’s Central Economic Work Conference
The upcoming meeting will likely emphasize more support for economic growth, deemphasize ‘zero Covid,’ and offer additional aid for the property sector
Nov 15, 2022 15:45 PM
Wang Tao: China’s Looser Covid Restrictions Mark an Important Step Toward a Policy Change
Friday’s announcement not only eases tight restrictions on quarantine, but also serves to pave the way for a major policy shift
Oct 25, 2022 19:31 PM
Wang Tao: China’s Third-Quarter GDP Growth Beat Expectations but Paints a Mixed Picture
The Central Economic Work Conference in December is expected to shed more light on the government’s short-term policy strategy, which will likely maintain its supportive stance
Oct 18, 2022 19:23 PM
Wang Tao: Seven Takeaways from the 20th Party Congress Report
The much-anticipated 20th Congress of the Communist Party set the tone for the coming years, with a focus on the long term, greater emphasis on security and ‘green’ and ‘high quality’ development still top priorities
Sep 08, 2022 19:46 PM
Wang Tao: Why China’s Export Growth Came in Well Below Market Expectations
Export momentum softened on a sharp slowdown in trade growth in August
Jul 29, 2022 20:08 PM
Wang Tao: Politburo Meeting Signals Relaxed Stance on GDP Target
The much-awaited July meeting called for the best result possible, a sign that the government is de-emphasizing the ambitious growth goal set in March
May 06, 2022 18:18 PM
Wang Tao: How Far Will China's Yuan Depreciate
The yuan could weaken further against the U.S. dollar in the coming months, ending the year at 6.9
Apr 28, 2022 19:49 PM
Wang Tao: How China’s Covid Lockdowns Will Impact Its Economy
Beijing may fine-tune its Covid policy gradually if met by staunch public resistance or severe economic losses, but when and how this change could occur remains the biggest macro uncertainty
Mar 04, 2022 19:28 PM
Wang Tao: China May Set Ambitious GDP Growth Target With More Policy Support
Top legislature may still set a goal at ‘above 5%’ backed by more supportive fiscal policy and infrastructure investment
Jan 13, 2022 15:07 PM
Wang Tao: What Are Some Macroeconomic Surprises for China in 2022
The biggest uncertainty is what lies ahead for the pandemic and efforts to curb its spread, which could bring surprises to domestic consumption recovery and export strength