September’s publication summarizes two articles that discuss the outlook for China. The first contends that the recent pressure on the Chinese economy is cyclical, and that the outlook remains upbeat. The second suggests that some of the problems facing China are more secular in nature, such as how a lack of exposure to competitive forces has made many Chinese companies inefficient.

• “China Investment Strategy Weekly Report: Approaching a Turning Point?” Yan Wang, BCA Research Inc., September 12, 2012
• “China; No Quick Fix for the Beijing Model” John-Paul Smith and Mehmet Beceren, Deutsche Bank, August 30, 2012