A Look at PPI and CPI Data From China
With China devaluing the RMB, PPI remains firmly negative though the decline has slowed.. This negative trend in PPI will inevitably have a...
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China's Banks Are Less Risky Than You Think
Contrary to the market, we believe the potential credit loss to the system is manageable and the capital shortfall should be gradually absorbed by...
177 Views
Brexit; Unintended Consequences
In this brief piece we take a considered stance on the likelihood of Brexit actually proceeding in the wake of June’s referendum and examine some...
199 Views
China: Slower Land Sales Growth In 40 Major Cities But Acquisitions By Major Developers Rise 40%
In May 2016 (latest complete data), on YTD y/y basis, residential (incl. mixed-use) land GFA acquired by 20 major developers we track based on...
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The RMB Under Pressure and Good Trade Options
Despite continued insistence by the PBOC that there is “no basis” for continued depreciation, the RMB continues to depreciate. What makes this...
149 Views