25 Apr 2023
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Guizhou – one of China’s most indebted provinces – needs help.
On April 18, Guizhou signed a strategic cooperation agreement with China Cinda – one of China’s five central state-owned "bad banks" (AMCs) tasked with acquiring non-performing assets (Guizhou Daily).
Details of the agreement wer...
May 17, 2024
The cavalry is finally coming to rescue the beleaguered property sector. On Friday, the central bank (PBoC) announced new financial incentives for people to buy homes, most notably by: Scrapping the mortgage rate floor for both new and second-hand homes nationally Cutting… Read More »
May 17, 2024
More cities are rolling out plans to purchase unsold apartments and turn them into affordable homes. ICYDK: On Tuesday, Bloomberg scooped that the State Council is considering sponsoring large-scale government purchases of unsold housing, with a draft plan expected by… Read More »
May 17, 2024
The slowdown in credit growth is partly due to a change in the way Chinese authorities calculate GDP. Starting in Q1, the stats bureau (NBS) has used net interest income, net bank charges, and other measures of bank profitability to… Read More »