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Economist, Centennial Asia Advisors

Jason Tan

Economist

Centennial Asia Advisors

At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way. With over 30 years experience covering Asia’s political economy, you can be sure our conclusions and analyses are based on the unadulterated facts. Through years of fine-tuning our research methodologies, we deliver a quality of macroeconomic analysis few other houses can match.

Centennial Asia Advisors is an independent research and advisory firm that works with governments, multilateral institutions, financial firms and leading MNCs.

Economic Policy and Strategic Advisors

Macroeconomics

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<strong>Moderation in credit growth: </strong>China M2 money supply expanded 8.9% y/y in Aug 17 - the smallest increase ever recorded, down from 9.2% in Jul 17. New Yuan loans grew 9.0% in Aug 17, also decelerating from 9.4% in July. However, total social financing (TSF) – a broad measure of credit and liquidity in the economy – stood at CNY1.48tr in Aug 17, higher than CNY1.22tr in Jul 17.</li>
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<strong>Some cooling in home prices:</strong> New-home prices rose in 46 of the top 70 cities in August, down from 56 in July. Prices fell in…</li>
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Moderation in credit growth: China M2 money supply expanded 8.9% y/y in Aug 17 - the smallest increase ever recorded, down from 9.2% in Jul 17. New Yuan loans grew 9.0% in Aug 17, also decelerating from 9.4% in July. However, total social financing (TSF) – a broad measure of credit and liquidity in the economy – stood at CNY1.48tr in Aug 17, higher than CNY1.22tr in Jul 17.

Some cooling in home prices: New-home prices rose in 46 of the top 70 cities in August, down from 56 in July. Prices fell in…


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