13 Sep 2024
Trivium Markets keeps you briefed on the latest developments in China markets policy.
A leading state-owned newspaper has called for swift government action to bolster the economy.
On Thursday, the Securities Times published an anonymous front-page op-ed urging authorities to deploy fiscal and monetary stimulus to revive demand.
The editorial warned China can no longer rely on export...
September 16, 2024
China’s central bank (PBoC) plans to further reduce borrowing costs. In a statement on Friday, the PBoC said it would: “Launch a number of incremental measures to further reduce corporate and household credit costs” Some context: Last week, the PBoC… Read More »
September 16, 2024
Credit growth in August was equal to its slowest ever pace. According to the central bank’s (PBoC) monthly credit data, released on Friday, outstanding total social financing (TSF) grew 8.1% y/y last month, down from 8.2% in July and equal… Read More »
September 16, 2024
Consumer demand is well and truly in the doldrums. That’s our takeaway from the August econ data print, released by the stats bureau (NBS) on Saturday. Retail sales grew by 2.1% y/y in August, the second slowest growth rate since… Read More »