Will China or the US Matter Most in 2022?

This week Real Vision’s Roger Hirst uses Refinitiv’s best-in-class data to look at the two biggest actors on the global stage. Both are at an inflection point. The US might pivot toward tighter policy, whilst China might roll back some of its tighter regulation. Political pressure may force the Fed to tighten faster than expected and that increases the risks for markets, even if China starts to loosen policy. The Chatter looks at China’s property sector in greater depth. Many of the issues that Joanna Davies, of Fathom Consulting, identified last year are now playing out and the impact might require a softer approach from China’s policymakers.