Last week, the People’s Bank of China (PBoC) announced that it would cut banks’ reserve requirement ratios (RRRs) by 50 basis points.
The policy comes into force on Wednesday, December 15, so now seems like a good time to explain to Neopol subscribers what’s happening – and why it matters.
The most important upcoming developments for policy and politics in China over the next month key developments politics Xi Jinping symposium with provincial leaders (coming month) econ and finance Quarterly Politburo meeting on the economy (end-April) foreign affairs Xi Jinping’s… Read More »
To read this note as a PDF click here. Exec sum: Household consumption and confidence in China remain fragile, in part because of the weak labor market. This makes getting an accurate read on China’s employment situation an especially pressing… Read More »
The most important upcoming developments for policy and politics in China over the next month key developments politics News of the Third Plenum (any time) econ and finance Q1 GDP release (mid-April) foreign affairs Olaf Scholz’s China visit (April 15-16)… Read More »
15 Dec 2021