William Bratton is head of Asia-Pacific cash equity research at BNP Paribas and the author of "China's Rise, Asia's Decline."
Transformation over past decade will support productivity-led growth

Nio staff show how the company's debut smartphone works with its EVs: China's hyperaggressive focus on innovation will support its transformation into a more sustainable economy. © Reuters
William Bratton is head of Asia-Pacific cash equity research at BNP Paribas and the author of "China's Rise, Asia's Decline."