Natixis’ Artus writes for City AM on China’s dark days ahead

patrick-artus-img3Patrick Artus, Natixis’ Chief Economist, writes in today’s City AM newspaper on ‘Black Monday’ and China’s transition crisis. Indeed, this week has shaken Mr Xi’s credibility, as well as his vision to transform China’s investment-driven economy into one led by consumption. As the world’s second-largest economy, there will no doubt be increasing pressure for further reforms in which the Chinese administration will have to let go of its rein on the markets, including its hold on the RMB.

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