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Monthly Archives: June, 2017

Domestic Analysts Expect Moderate Easing in Second Quarter Economic Growth

Some of China's leading economics analysts forecast a soft easing of economic growth in the second quarter of 2017. Official figures from China's National Bureau...

Banks Covertly Expanding Debt Via Wealth Management Products: Chinese Central Bank

People's Bank of China vice-governor and head of the Banking Accounting of Society of China Ma Delun has declared that wealth management products are...

Renmin University Sees Chinese GDP Growth of 6.7% for 2017

A new research report from one of China's leading institutions forecasts 6.7% GDP growth this year. The research report released by China's Renmin University concludes...

Overnight SHIBOR Rises to Two Year High, Central Bank Seeks to Preserve Liquidity for Real Economy

Rates on China's money markets continue to rise in the lead up the end of the second half, and the maturation of 200 billion...

Why Has China’s Central Bank Maintained Muted Response to Fed Rate Hike?

The People's Bank of China has opted to keep its repo rates steady in the immediate wake of the US Federal Reserve's second rate...

Urban Unemployment Remains Below 5% in May

Official data indicates that China's urban unemployment levels have held steady despite easing economic growth and ongoing efforts by the government to expunge excess...

China’s M2 Growth in May Falls to Historic Low Amidst Deleveraging

The growth in China's M2 money supply dropped to an unprecedented low as ongoing efforts by regulators to deleverage the economy take effect. The latest...

Wealth Management Yields Ride High As Chinese Banks Scramble for Cash

Returns on wealth management products continue to rise as banks vie against each other for scarce funds amidst China's ongoing deleveraging campaign. The Economic Observer reports that...

China’s Lending Beat Analysts Expectations, Rising 1.11 Trillion Yuan in May

Chinese banks made net new loans of 1.11 trillion yuan in the month of May, exceeding both analysts expectations and the reading for April. A...

IMF Lifts 2017 GDP Forecast for China

The International Monetary Fund has lifted its forecast for China's economic growth in 2017 to 6.7% from 6.6% on the back of "policy support,...

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