Reuters China's effort to move away from pollution-heavy industries is underway. At the same time, the US is cutting taxes and increasing spending. This will lead to a structural shift to inflation, says Louis Gave. At the Strategic Investment Conference 2018, Louis Gave, co-founder and CEO of Gavekal Research, talked about “game-changing policy shifts” and massive social changes that are underway in China. One of the most notable changes is Xi Jinping’s effort to pull the Chinese economy away from pollution-heavy industries.