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Monthly Archives: July, 2017

China’s Central Bank to Keep Monetary Policy Steady

The People's Bank of China has announced that it will hold the course of prudent neutral monetary policy, while making recourse to a range...

Market Frets Over July Liquidity as Central Bank Switches Off Open Market Spigot

China's central bank continues to shy away from open market operations following the start of the second half, with 3 July marking the ninth...

Beijing Cracks Down on Local Government Finance Under Guise of Service Purchases

China's central government is cracking down on the illegal financing of construction projects by local governments under the guise of "service purchases," as part...

Chinese Corporations Leap Aboard Bond Connect

A slew of Chinese companies are seizing the opportunities provided by the recently launched Bond Connect scheme to obtain funding from global investors. Bond Connect's...

Chinese E-Commerce Poised to Enter Multi-channel Era: McKinsey

A new report from McKinsey says that the combined use of both online and offline channels will become the dominant form of shopping for...

Bond Connect Launch Expands Foreign Access to China’s $9tn Debt Market

The launch of the long-anticipated Bond Connect scheme between Hong Kong and mainland China will provides foreign investors with improved access to the later's...

Chinese Monetary Policy Unaffected by Fed Rate Hikes: State Media

An editorial in one of China's leading state media outlets says that political leaders will hold the course on current monetary policy irrespective of...

Central Bank Squeezes Payments Sector with License Cancellations

The People's Bank of China has revoked the licenses of nine non-bank payment organisations for various abuses including misappropriation of funds and license abuses On...

China’s Official PMI Pushed Higher By Gains in Demand

China's official Purchasing Managers Index (PMI) for the month of June marks the second highest reading for the metric since the start of 2017...

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