Wednesday, April 14, 2021
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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...

China’s Per Capita Disposable Income Approaches 1970’s US Levels

A new report from Huatai Securities puts China's current economic state in context by matching it to various periods in the developmental history of...

China Ousts Japan as Biggest Holder of US Treasuries

China has re-emerged as the world's biggest holder of US government debt following five consecutive months of gains in its holdings of Treasuries. The US...

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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...