26 Jun 2024
Trivium Markets keeps you briefed on the latest developments in China markets policy.
On June 18, we reported that M1 contracted in May for the second consecutive month, positing that it reflected declining corporate confidence.
Turns out it was due to an enforcement of deposit rate caps.
Some context: M1 measures financial assets that are mostly equivalent to cash. In China, it’s ...
September 18, 2024
Urban renewal projects are hitting roadblocks due to ongoing financial distress among property developers. ICYDK: Urban renewal involves reconstructing old, shabby residential developments into high-rise apartment buildings with improved amenities. Households forced to relocate during urban renewal are compensated with… Read More »
September 18, 2024
Despite China’s dismal August macro print, the property sector struck a somewhat positive note last month. According to the stats bureau’s (NBS) monthly data for the sector, published Saturday: New investment in the sector contracted 10.2% y/y in August –… Read More »
September 18, 2024
In a continued sign of weak demand, property prices slumped at a faster pace in August. According to the stats bureau’s (NBS) monthly survey of home prices in 70 major cities, published Saturday: In August, average new home prices fell… Read More »