April’s publication summarizes two articles about the Chinese market. The first discusses how the market is transitioning from a growth model centered on investment and exports to one based on domestic demand, and the opportunities and risks this will offer. The second delves into the Chinese yuan’s ascendance in the currency market and whether it will become a global reserve currency.

• “The Chinese Consumer: Rising Star for the Next Decade,” by Annie Lie, BCA Research, April 2012
• “The Future of the Yuan,” by Sebastian Mallaby and Olin Wethington, Foreign Affairs, January/February 2012