nalysis of China's key themes in 2019 Excerpts in blue are directly from their outlook originally published on December 11, 2017. brvvoi rhon.,I. Ph P. Chief Economist icoty, Ph. I) Economist Page 199 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0086758 SDNY_GM_002329