This issue, Headwinds and Tailwinds, looks at the prevailing trends that are reconfiguring the business environment since the change of leadership in China.

The economic growth is slowing. Yet, as plans unfold for another wave of urbanization and the economy transitions toward greater consumption, there will be many opportunities.

But there are challenges. Many sectors are consolidating, anti-trust investigations are becoming more frequent, and the new administration has launched a series of anti-corruption campaigns. Risk profiles are changing.

Companies are reassessing their business plans accordingly. Navigating the changeable business patterns is the topic of this Reflections.

The latest issue of North Head Reflections newsletter in English can be downloaded Here.