China Chart Pack Chinese equity investors floundering again (May 08) China’s headline inflation eased in March, but there are worrying signs that price pressures may be spreading beyond food. The activity data confirm that the economy remains strong, easing at least... 24th May 2008 · 1 min read
Asia Economics Update Is a step revaluation of the renminbi a possibility? A large one-off revaluation of the renminbi remains highly unlikely. It would lead to job losses and give a jolt to China’s fragile financial sector. But, with officials increasingly concerned about... 21st May 2008 · 1 min read
Asia Economics Update Is China now targeting a trade-weighted exchange rate? The renminbi’s long pause at seven to the dollar is evidence that the Chinese currency is as closely tied to the US dollar as ever. A gradual loosening of that link is likely to be the next major... 19th May 2008 · 1 min read
Asia Economics Update Earthquake won’t prompt looser monetary policy in China Suggestions that China’s earthquake will affect economic growth, or prompt a loosening of monetary policy, are wide of the mark. In any case, with the People’s Bank more wary than ever of the dangers... 14th May 2008 · 1 min read
Asia Chart Pack China - China’s inflation worries grow even as headline rate falls (May 08) China’s headline inflation eased in March, but there are worrying signs that price pressures may be spreading beyond food. The activity data confirm that the economy remains strong, easing at least... 29th April 2008 · 1 min read
Asia Economics Update What next for Chinese equities? There is unlikely to be much respite for battered Chinese equity investors in the near term. Macroeconomic fundamentals suggest that the markets in Shanghai and Shenzhen may have fallen too far, but... 23rd April 2008 · 1 min read
Asia Economics Focus What role can fiscal policy play in rebalancing China's economy? Fiscal policy could make a significant contribution to reducing China’s massive current account surplus, though discussion of rebalancing often overlooks its potential. The government has the... 17th April 2008 · 1 min read
China Economics Focus What role can fiscal policy play in rebalancing China’s economy? Fiscal policy could make a significant contribution to reducing China’s massive current account surplus, though discussion of rebalancing often overlooks its potential. The government has the... 17th April 2008 · 1 min read
Asia Economics Update China growth concerns fade, but no respite on inflation Data showing that both GDP and consumer price inflation remain strong guarantee that the People’s Bank of China (PBoC) will remain focused on tackling rising prices. Today’s decision to raise bank... 16th April 2008 · 1 min read
Asia Economics Update A bright outlook for China, and an even brighter past The fall in China’s trade surplus in the first quarter is evidence of economic strength within China, not of its vulnerability to a slowdown elsewhere. What’s more, today’s revisions to the official... 10th April 2008 · 1 min read
Asia Economics Focus What next for the renminbi? We expect the renminbi to rise by around 15% against the dollar this year (taking it to 6.20 yuan/$) and another 10% in 2009 (to 5.60). The faster pace of appreciation over the last few months has... 1st April 2008 · 1 min read
China Economics Focus What next for the renminbi? We expect the renminbi to rise by around 15% against the dollar this year (taking it to 6.20 yuan/$) and another 10% in 2009 (to 5.60). The faster pace of appreciation over the last few months has... 1st April 2008 · 1 min read
China Chart Pack Consumption rebounds (Feb 08) After several years during which wages have grown more slowly than the economy, consumption accounted for barely a third of overall Chinese demand in 2007. But there are a couple of reasons to think... 24th February 2008 · 1 min read
Global Economics Focus How worried should we all be about Chinese inflation? Chinese inflation is now at its highest in 11 years, and there seems little prospect of it falling much in the next couple of months. This has set alarm bells ringing in countries that have grown... 21st February 2008 · 1 min read
China Economics Focus How worried should we all be about Chinese inflation? Chinese inflation is now at its highest in 11 years, and there seems little prospect of it falling much in the next couple of months. This has set alarm bells ringing in countries that have grown... 21st February 2008 · 1 min read
