13 Dec 2023
Trivium Markets keeps you briefed on the latest developments in China markets policy.
China’s top leaders realize they have a demand problem.
That was yet another throughline of the Central Economic Work Conference (CEWC).
Officials highlighted “insufficient demand” as a key headwind to growth and underscored “expanding demand” is a key priority for next year.
To bolster ...
May 15, 2024
China is hopping mad about the new US tariffs. ICYMI: On Tuesday, the US announced tariffs on a range of Chinese goods including NEVs, steel, aluminum, ship-to-shore cranes, and solar cells. A Ministry of Commerce spokesperson denounced the Biden administration’s… Read More »
May 15, 2024
More cities are cutting loose from the official mortgage rate floor, according to the central bank’s (PBoC) Q1 Monetary Policy Report, published Friday. The details: By the end of March, 139 out of China’s 343 cities at the prefectural level… Read More »
May 15, 2024
The central bank (PBoC) expects yields on long-dated government bonds to rise as authorities ramp up issuance. Some context: Yields on long-dated government bonds have fallen significantly this year. In Q1, the 10-year yield declined 27 bps and the 30-year… Read More »