PBOC RRR Cut in Perspective.
The PBOC announced on Sunday it would cut the RRR by another 50 bps. By their estimates this provides roughly 500 billion RMB to big banks and 200...
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US China Trade War Update
Given the recent tariff implementation by the United States and China, we wanted to revisit our view of the trade war and how it may have changed....
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The Trade War Heats up and Assets Respond
In Money Matters: De-Globalisation and Asset Prices, I argued that financial and real assets had benefited enormously from the globalisation...
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Are Inputs Matching the Expected Construction and Real Estate Growth in China?
Given the growth in land and new starts we have seen, we believe it is possible that metals output will follow the real estate trend and increase...
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Is There a Pending Surge of Chinese Real Estate Development?
The YTD growth of land values and the marginal growth of TSV means a strong potential for a pending surge in the real estate and construction...
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