China: Soaring Credit Keeps the Economy Afloat, Precariously
China's M2 has soared by US$18tn in the past 9 years (the biggest monetary expansion in world history) to US$24.5tn in June 2017 -- far exceeding...
201 Views
Just How Important Is FAI to the Chinese Economy?
Despite the rhetoric, China remains tied to fixed asset investment to drive its economy. What is notable is that the numbers have shifted within...
120 Views
Xi Jinping's Foreign Policy: The Consequences of Disobeying Deng's Advice
Deng Xiaoping advised China to "maintain a low profile" and instead focus on rebuilding China's economic strength. Xi Jinping has abandoned that...
230 Views
RMB After the Fed
A primary focus for us is the state of the RMB and domestic money markets in China. With the Federal Reserve opting not to raise interest rates...
97 Views
Strength in Old Industries in Chinese GDP and Trade
Though China announced GDP growth of 6.9%, this is more accurately seen as a set back for economic reform given the figures reliance on old...
168 Views