19 Apr 2024
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Credit growth is set to slow further.
That’s what we took from comments by Zou Lan, head of the central bank’s (PBoC) monetary policy department, on Thursday.
Some context: In March, total social financing (TSF) expanded only 8.7% y/y, its slowest pace since TSF was introduced as a measure of...
April 30, 2024
China's passenger car exports hit a record high in March, driven by new energy vehicles (NEVs). According to the latest China Passenger Car Association (CPCA) data, in March, passenger vehicle exports hit: 406,000 total units – up 39% y/y and… Read More »
April 30, 2024
China's passenger vehicle sales are trucking along with steady growth, driven (as usual) by new energy vehicles (NEVs). According to the latest China Passenger Car Association (CPCA) data, domestic passenger car retail sales grew: 6% y/y in March, reaching 1.687… Read More »
April 30, 2024
Debt-afflicted private developer CIFI Holdings Group has come to terms with its overseas creditors. In an exchange filing published Monday, the firm said a key creditor group has “in principle” approved its USD 7 billion debt restructuring plan. The group… Read More »