Global spillovers from a weaker China

Date: Monday 16 October 2023

We examine how a weaker China could affect the global economy, assessing the importance of real economy and financial channels. We also report the results of a detailed modelling exercise looking at the global and cross-country impacts of a negative growth shock in China centered on real estate markets.

Adam Slater
Adam Slater

Lead Economist

+44 (0) 1865 26 8934

Adam Slater

Adam Slater

Lead Economist

Oxford, United Kingdom

Adam Slater is a lead economist at Oxford Economics, responsible for contributing to and helping to communicate Oxford Economics’ global macroeconomic view, including writing for and helping edit regular publications. He has a particular interest in developments in financial markets. Before joining Oxford Economics, Adam spent more than ten years working as an economist and strategist in the City of London for Nomura, Rabobank, and Calyon.

Innes McFee
Innes McFee

Managing Director of Macro and Investor Services

+44 (0) 203 910 8028

Innes McFee

Innes McFee

Managing Director of Macro and Investor Services

London, United Kingdom

Innes McFee is the Managing Director of Macro and Investor Services, based in London. Innes oversees the activities of the Macro & Investor Services teams globally, including the Global Macro Forecast and Global Macro Service.

Innes joined Oxford Economics in 2017 after 6 years at Lloyds Banking Group as a Senior Economist. At Lloyds Innes was responsible for the economic scenarios underpinning the Group’s internal planning and stress testing; analysis of key risks; and developing Lloyds’ approach to multiple economic scenarios for IFRS9. In addition, Innes’ role included developing the Group’s capability in modelling macroeconomic fundamentals and UK banking markets and advising the Group Corporate Treasury on financial market developments.

Prior to joining Lloyds Innes was an Economic Advisor at HM Treasury where his roles included management of the UK’s foreign currency reserves; US economist; and G20 macroeconomic policy advisor. Innes has a first class undergraduate degree in Economics from the University of Durham and a MSc in Economics from Warwick University.

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