https://instituteforchina.com China economy and policy analysis hub. https://instituteforchina.com/ Data-driven, unvarnished analysis of China's economic trajectory, from LGFV debt to demographic decline. https://instituteforchina.com/trade/new-three-exports/ How the 'New Three' (EVs, batteries, solar) are replacing real estate, and why this guarantees friction with the West. https://instituteforchina.com/trade/ Faced with domestic consumption weakness, Beijing is doubling down on manufacturing dominance. How the 'New Three' are replacing real estate as the growth engine. https://instituteforchina.com/topics/ Browse all research themes and macroeconomic coverage areas. https://instituteforchina.com/terms/ Conditions for using our research. https://instituteforchina.com/semiconductors/ How US export controls are accelerating China's domestic legacy chip production. https://instituteforchina.com/real-estate/ Real estate once drove 25% of GDP. Understand the deliberate pivot away from property speculation toward advanced manufacturing. https://instituteforchina.com/privacy/ How we handle data. https://instituteforchina.com/methodology/ How we bypass official statistics to build a true picture of the Chinese economy. https://instituteforchina.com/glossary/ A definitive guide to Chinese political and economic terminology. https://instituteforchina.com/energy/ Why China installs more solar in a year than the US has in its history, while simultaneously approving new coal plants. https://instituteforchina.com/demographics/japan-comparison/ Why China's deflationary trajectory will look fundamentally different than Japan's 1990s experience. https://instituteforchina.com/demographics/ The working-age population peaked in 2014. We analyze the fiscal strain of an inverted population pyramid on provincial pension systems. https://instituteforchina.com/debt/ How off-balance-sheet borrowing funded infrastructure, and why restructuring ¥66 trillion in hidden debt limits Beijing's stimulus options. https://instituteforchina.com/data/ Raw, unvarnished datasets tracking high-frequency economic proxies. https://instituteforchina.com/about/ Who we are, who funds us, and why our analysis matters.