China Says No More Local Government Guarantees For Corporate Bonds
Chinese companies issuing bonds can no longer seek debt guarantees from local governments, or tell their investors that their bonds are backed by local governments, according to a new measures...
View ArticleExpanding Global Footprint Exposes Chinese Banks To Greater Risk
Chinese banks are becoming increasingly important players in the global economy. But by doing so they have greatly increased their exposure to global financial risk. It also means China will have to...
View ArticleChinese President Xi Jinping Offers Trade Concessions In Boao Speech
Chinese President Xi Jinping struck a conciliatory tone as he made his first public comments on trade tensions with the U.S., indicating that China could lift limits of foreign investment in China’s...
View ArticleChina-US Direct Investment Falls Sharply In 2017 Due To "Policy And Politics"
Investment flows between China and the U.S. fell sharply in 2017, brought on by a combination of “policy and politics,” according to a new report by the Rhodium Group. Total foreign direct investment...
View ArticleChina-Russia To Form $3.1B Fund For Regional Economic Development
China and Russia will create a joint US$3.1 billion investment vehicle targeting economic development in the Far East and application of blockchain technology, according to an agreement signed at the...
View ArticleFitch Says China Risk Weakens Hong Kong Banks
Hong Kong’s proximity to China has long been its stronger selling point. But according to a new Fitch Ratings report, it is having a bad influence on the city’s banking sector. The rating firm has cut...
View ArticleChina’s New Loans, M2 Continue To Improve In June
China’s new RMB loans picked up to RMB1.27 trillion in June, up from RMB900 billion in May, beating market expectations as a result to recent monetary easing measures, according to data released by the...
View ArticleChina’s GDP Growth Flat At 7% During Q2
China’s GDP growth stayed flat at 7% year-on-year in the second quarter, helped by a notable pickup in the services sector, according to data released by the National Bureau of Statistics. Property...
View ArticleChina’s Caixin Flash PMI Drops To 48.2 In July
The flash Caixin/Markit China Manufacturing Purchasing Managers’ Index (PMI) dropped to 48.2, the lowest reading since last April and a fifth straight month below 50, the level separating contraction...
View ArticleChina’s Official PMI Drops To 50 In July
China’s official manufacturing purchasing managers index (PMI), the bellwether of large industrial firms, dropped to 50 in July from 50.2 in the prior month. In the meantime, Caixin China flash PMI...
View ArticleChina’s Exports Decline 8.9%, Imports Down 8.6% In July
China’s exports declined 8.9% year-on-year in July, compared with a 2.1% gain in June. The number came in way below market expectations of a 0.3% contraction. Imports fell 8.6% year-on-year in July,...
View ArticleChina’s CPI Up 1.6%; PPI Declines 5.4% In July
China’s consumer price index (CPI) rose to 1.6% year-on-year in July, from 1.4% in June, driven by rising food prices. Producer price index (PPI) declined further to 5.4% year-on-year in July, compared...
View ArticleChina’s New Loans Increase Sharply In July
China’s new RMB loans rose sharply to RMB1.48 trillion in July, up from RMB1.28 trillion recorded in June, as stock market rescue policy lifted new loan numbers. Total social financing aggregate...
View ArticleChina’s Caixin Flash PMI Drops To 47.1 In August
The flash Caixin/Markit China Manufacturing Purchasing Managers’ Index (PMI) declined further to 47.1 in August, the lowest reading since the Global Financial Crisis and a sixth straight month below...
View ArticleChina’s Official PMI Drops To 49.7 In August
China’s official manufacturing purchasing managers index (PMI), the bellwether of large industrial firms, fell to 49.7 in August from 50.0 in July. The index dropped below the benchmark level of 50 for...
View ArticleChina’s Exports Drop 6.1%, Imports Fell 14.3% In August
China’s exports in RMB terms declined 6.1% year-on-year in August, compared with 8.9% contraction in July. The country’s Imports fell sharply by 14.3% year-on-year in August, from a 8.6% contraction in...
View ArticleChina’s CPI Up 2%; PPI Declines 5.9% In August
China’s consumer price index (CPI) inflation climbed to 2.0% year-on-year in August, 0.4 percentage point higher than July and also higher than market expectations, largely due to rising food prices....
View ArticleChina’s New Loans Decline To RMB810B In August
China’s new RMB loans declined to RMB810 billion in August, down from July’s RMB1.48 trillion. Total social financing aggregate came in at RMB1.08 trillion in the month, up from RMB718.8 billion...
View ArticleChina’s Caixin Flash PMI Drops To 47 In September
The flash Caixin/Markit China Manufacturing Purchasing Managers’ Index (PMI) declined further to 47 in September, down from the final reading of 47.3 from August and contrasted with market expectations...
View ArticleChina’s Official PMI Inches Up To 49.8 In September
China’s official manufacturing purchasing managers index (PMI), the bellwether of large industrial firms, inched up to 49.8 in September from 49.7 in August. In the meantime, the Caixin manufacturing...
View ArticleChina’s Exports Drop 1.1%, Imports Fell 17.7% In September
China’s exports in RMB terms fell 1.1% year-on-year in September, above market consensus of a decline of 7.4%, and compares with a 6.1% drop in August. Imports remained weak and contracted 17.7%...
View ArticleChina’s CPI Up 1.6%; PPI Declines 5.9% In September
China’s consumer price index (CPI) moderated to 1.6% year-on-year increase in September, down from 2.0% in August, due to a high base for comparison and a moderation in food inflation. Producer price...
View ArticleChina’s New Loans Rose To RMB1.05T In September
China’s new RMB loans rose to RMB1.05 trillion in September, above market expectations and compared with RMB809.6 billion recorded in August. For the third quarter as a whole, new loans surged to...
View ArticleChina’s GDP Growth Slows To 6.9% During Q3
China’s GDP growth slowed to 6.9% year-on-year in the third quarter 2015, down from 7.0% during the first half, according to data released by the National Bureau of Statistics. Domestic activity...
View ArticleChina’s Official PMI Unchanged At 49.8 In October
China’s official manufacturing purchasing managers index (PMI), the bellwether of large industrial firms, was unchanged at 49.8 in October. The indicator has remained below 50 for three straight months...
View ArticleChina’s Exports Drop 3.6%, Imports Fell 16% In October
China’s exports fell 3.6% year-on-year in October, compared with a 1.1% decline in September. Imports contracted 16% year-on-year in October, from a 17.7% drop in September. As imports fell much faster...
View ArticleChina’s CPI Up 1.3%; PPI Declines 5.9% In October
China’s consumer price index (CPI) moderated to 1.3% year-on-year in October, down from a 1.3% increase in September. On a month-on-month basis, CPI fell 0.3%, compared with a 0.1% increase in...
View ArticleChina’s New Loans Drop Sharply To RMB514B In October
China’s RMB loans declined sharply to RMB513.6 billion in October, from RMB1,050 billion in September, below market expectations of RMB800 billion. The country’s total social financing aggregate also...
View ArticleChina’s Official PMI Edges Down To 49.6 In November
China’s official manufacturing purchasing managers index (PMI), the bellwether of large industrial firms, edged down to 49.6 in November from 49.8 in October. The market has been expecting the...
View ArticleChina’s Exports Drop 3.7%, Imports Fell 5.6% In November
China’s exports in fell 3.7% year-on-year in November, compared with a 3.6% decline in October. Imports in contracted 5.6% year-on-year in November, from a 16.0% drop in October. The trade surplus...
View ArticleChina’s CPI Up 1.5%; PPI Declines 5.9% In November
China’s consumer price index (CPI) rose 1.5% year-on-year in November, slightly up from 1.3% in October as food inflation accelerated. Producer price index (PPI) declined 5.9% year-on-year in November,...
View ArticleChina’s New Loans Rebound To RMB709B In November
China’s new RMB loans rebounded to RMB708.9 billion in November, compared with RMB513.6 billion recorded in October. Aside from seasonal factors driving up new loans, the rebound was weaker than...
View ArticleChina’s Official PMI Edges Up To 49.7 In December
China’s official manufacturing purchasing managers index (PMI), edged up to 49.7 in December, less than market expectation. Despite the uptick in December, the PMI has remained below the benchmark...
View ArticleChina’s CPI Up 1.6%; PPI Declines 5.9% In December
China’s consumer price index (CPI) edged up to 1.6% in December, from 1.5% in November. The rise was largely driven by food prices, which rose 2.7%, and contributed 0.91 percentage point to the...
View ArticleChina’s Exports Grew 2.3%, Imports Fell 4% In December
China’s exports rebounded to grow 2.3% year-on-year in December, much higher than the 3.7% drop in November and market consensus of a 4.1% contraction. Imports contracted 4.0% in December, from a...
View ArticleChina’s New Loans Fell Sharply To RMB598 Billion In December
China’s new RMB loans declined sharply to RMB597.8 billion in December 2015, down from RMB708.9 billion in November, below market expectations of RMB700 billion. The lower-than-expected new loans...
View ArticleChina’s Official PMI Edges Down To 49.4 In January
China’s official manufacturing purchasing managers index (PMI), the bellwether of large industrial firms, fell 0.3 percentage points to 49.4 in January, below market expectations and compared with 49.7...
View ArticleChina Exports Fell 11.2%, Imports Drop 18.8% In January
China’s exports fell 11.2% year-on-year in January in the seventh straight month of decline, while imports tumbled 18.8%, the 15th month of decline. Both exports and imports came in far worse than...
View ArticleChina’s New Loans Up Strongly To RMB2.51T In January
China’s new RMB loans hit a much stronger-than-expected RMB2.51 trillion in January, compared to market expectations of RMB1.9 trillion, and also much higher than December’s RMB600 billion. Household...
View ArticleChina’s CPI Rose 1.8%, PPI Down 5.3% In January
China’s consumer price index (CPI) rose to 1.8% year-on-year in January, slightly up from a 1.6% increase in December last year. The pick-up in inflation was largely driven by a 4.1% increase in food...
View ArticleChina’s New Home Prices Up 0.4% In January
The average new home prices among 70 major Chinese cities increased 0.4% month-on-month. Prices of previously-owned homes went up 0.6% compared to December, according to data released by the National...
View ArticleChina’s Official PMI Drops To 49 In February
China’s February official manufacturing PMI was disappointing, with the headline index declining to 49.0 from 49.4 in January in the seventh consecutive month that the manufacturing PMI came in below...
View ArticleFeb Data Preview: Weaker Activity And Credit Growth, Higher Inflation
Goldman Sachs Gao Hua says it expects China’s January to February economic indicators and credit growth to slow, while inflation has likely picked up, according to a research report. China is scheduled...
View ArticleChina’s Exports Down 20.6%, Imports Drop 8% In February
China’s exports contracted 20.6% year-on-year in February, compared with a decline of 6.6% in January. Meanwhile, imports fell 8.0% year-on-year, an improvement from a drop of 14.4% previously. As...
View ArticleChina’s CPI Up 2.3%, PPI Down4.9% In February
China’s consumer price index increased 2.3% year-on-year in February, up from the 1.8% increase registered in January, due to a sharp rise in food prices because of the Chinese New Year and adverse...
View ArticleChina Exports Up 18.7%, Imports Decline 1.7% In March
China reported solid export data, with exports in RMB terms grew 18.7% year-on-year in March, up from a 20.6% contraction in February, beating market expectations of a 14.9% gain. But the figure needs...
View ArticleChina’s PMI Softened To 50.1 In April
China’s official manufacturing Purchasing Managers’ Index (PMI) edged down to 50.1 in April from 50.2 in March, slightly lower than market consensus of 50.3. New orders and production eased in April...
View ArticleChina Exports Decline 4.1%, Imports Down 0.4% In May
China’s export growth in U.S. dollar terms declined 4.1% year-on-year in May, compared to -1.8% in April, largely in line with market expectations. Imports growth in U.S. dollar terms picked up to a...
View ArticleBloomberg: Hong Kong Protests Could Push City’s Economy To Recession
With Hong Kong’s economy already growing at a very lackluster 0.6%, the current prolonged protests in Hong Kong could take the city to the brink of recession, research of Bloomberg Intelligence shows....
View ArticleChinese Media Welcomes Truce And Calls For Cooperation After Sino-US Mini...
China’s mainstream media adopted a positive attitude toward a first-phase trade deal announced last Friday and called for further cooperation. Instead of calling China a winner in the deal, Chinese...
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