The Chinese Yuan, which threatened to break below the psychological 7.000 level against the dollar going into the New Year, instead has reversed and surged over the first two trading
Reports today that a Chinese warship seized a US underwater drone should be taken as a deliberate and elevated, though still “measured,” response by the Chinese government to what it
At a two-day conference last weekend on military reform with the country’s most powerful 230 military leaders, including members of the Central Military Commission, China’s President Xi Jinping discussed US-China
Our understanding from Chinese sources is that US Treasury Secretary Jacob Lew initiated a call to China’s powerful Vice Premier Wang Yang over the weekend. *** The main purpose of
Key Takeaways * The range for Q3 GDP estimates submitted by nine departments to Premier Li Keqiang this week came in at 6.7-6.8%, with a slight lean to 6.8%. *
*** China’s state-owned financial institutions have been reallocating equity and bond purchases away from the US and towards Europe since late June, selling over $65 billion worth of US stocks
Key Takeaways: China’s Central Financial Leading Group agreed last week to revise its original H2 fiscal spending plan upwards, by 300 billion Yuan. The CFLG also approved up to another
Key Takeaways: China will maintain RMB stability in the near term wake of the Brexit aftershocks, and coordinate any G20 response; The PBoC has been authorized to buy an undisclosed
Key Takeaways China’s top leadership has signed off on a plan to shutter regional SOEs at a pace nearly double the 154 that were shut down in 2015 Officials continue
Key Takeaways: • After months of preparations, China will soon begin invoicing all its crude oil imports in yuan rather than in dollars. • The PBoC is taking “pre-cautionary” measures
Key Takeaways: • Chinese officials have lingering concerns over the potential impact of a Fed rate hike in June on their markets and the RMB, and will suggest to their
Investors are struggling to interpret the data release from the People’s Bank of China last Friday that showed a surprise drop in new loans to 555.6 billion yuan in April
Analysts, in particular western analysts, are struggling to identify the sourcing and thus handicap the significance of an interview with an “authoritative insider” that appeared yesterday on the front page
China’s FX reserves shrank by $117.783 billion in the first quarter of 2016. That marked the first time China has experienced seven consecutive quarterly drops in its reserves, the ninth
China’s Finance Minister Lou Jiwei and People’s Bank of China Governor Zhou Xiaochuan met their US counterparts, Treasury Secretary Jacob Lew and Federal Reserve Chair Janet Yellen, in Washington DC
The third session of the Fifth National Council for the Social Security Fund was held in Beijing on March 25, at which a number of measures were approved by China’s
When Liu Shiyu was appointed Chairman of the China Securities Regulatory Commission (CSRC) in late February to replace Xiao Gang, who was pushed out after an ill-fated experiment with circuit
China’s President Xi Jinping presided over a meeting last Sunday during the ten day long 12th National People’s Congress to review macroeconomic measures the government is taking in response to
Premier Li Keqiang presided over a meeting at his office this morning (Beijing time: February 29) with Vice Premier Ma Kai, PBoC Governor Zhou Xiaochuan, and Finance Minister Lou Jiwei.
Unfortunately for the embattled now former China Securities Regulatory Commission (CSRC) head, part of the rally in Chinese equity markets overnight has, rightly or wrongly, been attributed to the announcement
