
More recent developments

PBoC’s Pan reframes RMB internationalization at Lujiazui
Central bank governor (PBoC) Pan Gongsheng wants to shift the narrative on RMB internationalization. Speaking at the annual Lujiazui Financial Forum in Shanghai on June 18, Pan suggested that Beijing is shifting its approach to RMB internationalization in a speech… Read More »

Property roundup: No floor in sight
To view the roundup as a pdf, click here. The rundown The property sector turned in yet another dismal performance in May. According to the stats bureau’s (NBS) latest monthly data on the sector: Real estate investment slumped by 12% y/y,… Read More »

Macro wrap: Modestly bullish
To read this macro wrap as a PDF, click here. Exec sum Chinese retail sales soared in May, growing at their fastest rate in 15 months. While this is a phenomenal retail sales print, it’s far too early to conclude that… Read More »