Prevailing Winds is a China-focused blog written by Nicholas Borst, Director of China Research at Seafarer. The blog tracks the economic and financial developments shaping the world’s largest emerging market.
For emerging markets investors, no country is more important to get right than China. The largest emerging market and by many measures the largest economy in the world, China attracts no shortage of coverage. Yet analysis of China tends to alternate between two extremes – the Chinese economy will either dominate the world or it is on the precipice of economic collapse.
This blog will take a different approach. A country as large and diverse as China defies easy narratives. Moves toward reform and liberalization in one part of the economy can occur at the same time as heavy-handed government intervention shapes another. Trends toward the centralization of policymaking can overshadow the important economic experiments occurring across China’s many provinces. The Chinese economy includes both legacy industries stuck in the past and innovative start-ups pushing the frontiers of technology.
Prevailing Winds will track the complex and contradictory forces that are shaping the Chinese economy. Readers can expect a mix of different types of posts. Some posts will be very detailed and data-driven while others will step back for a big picture view of where the Chinese economy is headed. I hope readers will find it a useful resource for their own efforts to understand China and how the country will impact the world.Nicholas Borst Seafarer Capital Partners, LLC
The views and information discussed in this commentary are as of the date of publication, are subject to change, and may not reflect Seafarer’s current views. The views expressed represent an assessment of market conditions at a specific point in time, are opinions only and should not be relied upon as investment advice regarding a particular investment or markets in general. Such information does not constitute a recommendation to buy or sell specific securities or investment vehicles. It should not be assumed that any investment will be profitable or will equal the performance of the portfolios or any securities or any sectors mentioned herein. The subject matter contained herein has been derived from several sources believed to be reliable and accurate at the time of compilation. Seafarer does not accept any liability for losses either direct or consequential caused by the use of this information.