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Monthly Archives: May, 2018

China Will Accelerate RMB Capital Account Convertibility: PBOC

The Chinese central bank has announced that it will step up efforts to further internationalisation of the renminbi as well as capital account convertibility. Vice-governor...

China to Enter Bilateral Currency Swap Agreement with Japan

China and Japan will enter a bilateral currency swap agreement according to an article written by Premier Li Keqiang that was recently published by...

Chinese Wind Power Generation Up 39% YoY for January – March

The latest official data points to a surge in Chinese wind power generation for the first three months of 2018, with leading companies in...

Banks Remove Guaranteed Principal WMP’s Due to New Asset Management Rules

Chinese banks are already suspending the sale of wealth management products (WMP's) with guaranteed principals, following the launch of new asset management regulations that...

Chinese Central Bank Could Follow Fed Interest Rate Hikes: State-owned Media

An opinion piece published by one of the state-owned Xinhua News Agency's economics imprints points to the possibility that the People's Bank of China...

Increase the Market-based Pricing of Local Government Bonds: Ministry of Finance

China's Ministry of Finance is launching measures to raise the role of the market in the pricing of local government bonds. On 8 May MOF...

China’s Foreign Trade Surplus Shrinks for First Four Months of 2018

The latest official data points to robust growth in China's foreign trade during the period from January to April of 2018, with the pace...

Could the Petroyuan One Day Oust the Petrodollar?

The launch of renminbi-denominated crude contracts in March could eventually see the petroyuan emerge as a viable rival to the petrodollar, expanding China's ability...

JPMorgan Sees inclusion of Chinese A-Shares in MSCI Index Attracting $40bn

A senior executive from JPMorgan Asia Pacific expects the inclusion of Chinese A-shares in the benchmark MSCI Emerging Markets Index next month to attract...

China’s Foreign Reserves Shrink to $3.12485 Trillion in April

China's foreign reserves have come in slightly below expectations in the month of April. Data released by the Chinese central bank indicates that China's foreign...

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