Christopher Balding, Columnist

A China-Watcher's Guide to 2017

Look out for rising debt, uncertain politics and potential price shocks.

Gonna need a lot.

Photographer: Tomohiro Ohsumi/Bloomberg
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Each December, China's leaders meet to lay out their economic agenda for the next year. And each December, China-watchers pore over their every word, much like Kremlinologists during the Cold War. It bears remembering that these pronouncements are rarely predictive, and that the best sources of insight on China's economy are usually found elsewhere. Here are a few key points to keep in mind next year.

Watch the data, not the New Year's resolutions.