Jeremy Mark

Now available on @routledgebooks and @amazon - my book "Emerged Markets - The Global Economy's Better Half". Looking forward to debate and dialogue on the thesis and themes of the book. Please DM me!

.@jedmark888 = big thank you for coming!

What to make of China's warning to its financial institutions to limit buying of US Treasuries? @joshualipsky and I examine what's behind this development. Hint: it's tied to the internationalization of the RMB. @AtlanticCouncil @ACGeoEcon @ACGlobalChina atlanticcouncil.org/blogs/econogra…

🇨🇳 China’s property crisis continues, with no end in sight, but Beijing seems content to ignore the reality of the problem. @jedmark888 explains how this weighs on the financial system and household consumer confidence. Read the full piece 🔽 atlanticcouncil.org/blogs/econogra…

As China’s property crisis drags on, Beijing talks of a “new model” of real estate. But the problems remain: zombie firms weigh on the financial system and a generation of household wealth is lost. My latest for @AtlanticCouncil @ACGeoEcon @ACGlobalChina atlanticcouncil.org/blogs/econogra…

Domestic Demand Dead End: "China is developing something of a Potemkin economy. Retail sales depend to a large degree on trade-in subsidies for items ranging from white goods to mobile phones. It isn’t sustainable." @ACGeoEcon @ACGlobalChina

@joshualipsky Let me count the why's

Just reupping my December op ed here for no obvious reason: wsj.com/opinion/prepar…

Will Wonders Never Cease? "Yet investment is headed for its first annual contraction since 1998, growth for retail sales has hit the worst pace outside the pandemic and new home prices fell further in November." @ACGeoEcon @ACGlobalChina bloomberg.com/news/articles/…

📉 Chinese producer prices have fallen for 3️⃣8️⃣ consecutive months through Nov 2025. For senior fellow @jedmark888, this is a result of overcapacity and competition for market share. More #ACByTheNumbers ⬇️ atlanticcouncil.org/dispatches/by-…

Last year at this time Wall Street was convinced Trump wouldn't follow through on his tariff threats (we had a different view @atlanticcouncil). As we head into 2026, Wall Street is making the same mistakes all over again as I write in today's @WSJopinion: wsj.com/opinion/prepar…

@shehzadhqazi The powers that be are concerned that foreign breeders have developed backdoors in the gene pools.

Should've gotten China hooked on the American dog stack

Beijing's answer to Keynesian stimulus: Concerned about the feeble domestic economy, China announced it will release a collection of Xi Jinping's remarks on expanding demand. @ACGeoEcon @ACGlobalChina bloomberg.com/news/articles/…

@wstv_lizzi Thanks for posting this

Even stronger political signaling from Xi Jinping on the urgency of fixing China’s consumption + domestic demand shortfall problem. In a new Qiushi article published today titled “Expanding Domestic Demand Is a Strategic Choice,” Xi elevates weak domestic demand to a core issue of economic stability and security, making clear that the pivot toward domestic demand is no longer optional. The piece is very direct in identifying insufficient domestic demand as the most pressing problem facing the economy and calls for moving faster to close the consumption gap so domestic demand can become the main engine and anchor of growth: 扩大内需既关系经济稳定，也关系经济安全，不是权宜之计，而是战略之举... 要加快补上内需特别是消费短板，使内需成为拉动经济增长的主动力和稳定锚... Xi then argues that the real advantage of a big economy like China lies in its ability in domestic circulation, stressing that stronger domestic demand does not contradict opening up but instead strengthens China’s position in global competition: 大国经济的优势就是内部可循环... 要牢牢把握扩大内需这一战略基点... 更多依托国内市场实现良性循环 扩大内需和扩大开放并不矛盾... 国内循环越顺畅，越能形成对全球资源要素的引力场，越有利于构建新发展格局，越有利于形成参与国际竞争和合作新优势 The article then puts particular weight on consumption, emphasizing that boosting demand ultimately depends on: employment, social security, and redistribution, especially expanding the middle-income group so households both can spend and feel secure enough to do so: 扩大消费最根本的是促进就业，完善社保，优化收入分配结构，扩大中等收入群体，扎实推进共同富裕。 要建立和完善扩大居民消费的长效机制，使居民有稳定收入能消费、没有后顾之忧敢消费、消费环境优获得感强愿消费 Then Xi calls for more disciplined investment, prioritizing new infrastructure, high-tech manufacturing, strategic emerging industries, reviving private investment, etc. 要完善扩大投资机制，拓展有效投资空间，适度超前部署新型基础设施建设，扩大高技术产业和战略性新兴产业投资，持续激发民间投资活力 One thing to note: the piece links domestic demand with supply-side reform, arguing that higher-quality, more self-reliant supply must not only meet existing demand but also actively create new demand, etc. So the near-term policy levers are still likely to be on the supply side. ht @shuizaiping2

A very useful summary by my @AtlanticCouncil colleague @Ke_Luolin of past NSS statements on China, highlighting the sharp departure in the latest edition from the Trump administration. @ACGeoEcon

Absence Makes the Heart Grow Fonder: Two of China’s private data agencies failed to release monthly home sales numbers after a struggling state-backed developer asked to extend a bond repayment. @ACGeoEcon @ACGlobalChina bloomberg.com/news/articles/…

@tonyannett It is generally accepted that 80 percent of China's urban employment is in the private sector. hks.harvard.edu/faculty-resear…?

A good 40 percent of Chinese workers are still in the state sector.

Deflation Hits Home: an excellent deep dive into Chin's falling prices. Bloomberg's analysis of price trends across 36 cities shows deflation hitting harder than the official numbers suggest. @ACGeoEcon @ACGlobalChina bloomberg.com/graphics/2025-…

China’s economic activity cooled more than expected in October, with slumping investment and slower growth in industrial output adding to the drag from sluggish consumption. Fixed-asset and property investment both dropped. @acgeoecon @acglobalchina bloomberg.com/news/articles/…

📦➡️💼 The next phase of Asia-Pacific trade isn’t just about goods. At our #APEC2025 Rebalancing Trade panel, @jedmark888 highlighted how services–from transport to finance to digital industries–are still held back by regulatory barriers. Addressing these gaps could unlock major regional growth. Watch the full conversation here⬇️ youtube.com/live/kiugAltQ8…

⛏️🇺🇸🇨🇳 China’s rare earth dominance remains a strategic leverage point. On our #APEC2025 panel on Rebalancing Trade, @KDonovan_AC, @jedmark888 and @clairechu_ noted that diversifying away from Chinese supply chains will take years–not months–and require coordinated action across governments and industry. Watch the full conversation here ⬇️ youtube.com/live/kiugAltQ8…