09 Jan 2024
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Signs abound that monetary policy will shift toward a more expansionary stance in 2024.
That’s based on an interview with an unnamed official from the office of the Central Financial and Economic Affairs Commission (CFEAC), published by Xinhua on December 18.
ICKDK: The CFEAC is the Party’s t...
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Central officials are finally coming to the rescue of 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… Read More »
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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 »