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Monthly Archives: August, 2017

New RMB Lending for July Expected to Rise 72.6% YoY, M2 Growth Seen Bouncing Back

A new survey of analysts sees new lending of 800 billion yuan in July, for a slide compared to the preceding month yet a...

Beijing Steps Up Crackdown on Outbound Investment

Sources cited by Reuters say that China's central government plans to intensify official curbs on foreign acquisitions as well as funding from banks for such...

First Home Loan Share Drops in Beijing as Strict Property Controls Take Effect

First home loans have fallen significantly as a share of total home loans in Beijing following the launch of policies in March to prevent...

Central Bank Resumes Net Withdrawals as Overnight Rate Gains Abate

The People's Bank of China is switching off the liquidity spigot as short-term interest rates    begin to decline. On 3 August PBOC's open market...

Balance Sheets of Beijing Lenders Contract Following 30% Drop in Interbank Assets

The Chinese government's crackdown on lenders in tandem with its ongoing deleveraging campaign have led to a sharp decline in interbank assets within the...

Does PBOC Plan on Ratcheting the Yuan Band Wider?

Sources cited by Reuters claim that the China's central bank is mulling an expansion of the yuan's trading range following the 19th National Congress...

Is China’s Deleveraging Campaign Driving Up the Yuan?

The central government's ongoing deleveraging campaign as well as renewed efforts to stymie capital outflows could push the Chinese yuan higher in the second...

New Debt Ceiling Directive Lets Local Government Borrow Extra 940bn Yuan in 2017

A new directive from Beijing clarifying the nature of the official debt ceilings imposed upon local governments could significantly expand borrowing levels by permitting...

State-owned Enterprises To Be Held Liable for Foreign Investment Losses

A new law promulgated by China's Ministry of Finance could see senior executives at the country's state-owned enterprises pursued for liability in the case...

Property Transaction Area Falls 26% YoY in July Across 29 Chinese Cities

Real estate transactions have continued to decline in major urban centres across China, following the introduction of strict policy measures to control the property...

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