15 Jun 2017
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Financial papers are largely saying credit decelerated in May. They are wrong.
In reality, credit growth accelerated a touch in May to 12.9% y/y — compared to 12.8% in April.
So what? The tiny acceleration underscores that credit growth has been exceptionally stable in recent months...
April 23, 2024
On Saturday, the US House of Representatives passed an amended version of the bill that requires TikTok to divest from parent company ByteDance or face a nationwide ban. Recap: Last week, Speaker of the House Mike Johnson bundled the modified… Read More »
April 23, 2024
On Friday, the Ministry of Commerce (MofCom) and nine other departments released new measures to support foreign investment in China’s tech sector. Some background: China needs fresh foreign capital to invigorate its tech sector, particularly in the wake of the… Read More »
April 22, 2024
China is making inroads with Papua New Guinea (PNG). Top diplomat Wang Yi visited PNG's capital, Port Moresby, over the weekend and met with PNG Foreign Minister Justin Tkachenko and Prime Minister James Marape. The two sides inked a bunch… Read More »