China: Barely Staying Afloat with New Money and Fiddled Data
The renewed RMB weakness this week demonstrates that it will not be possible for China to run expansionary monetary policy without threatening...
533 Views
The US-China Trade War and China's Q2 Updates
1, China US trade war As we discussed previously that if President Xi decided to fight back, investors should be worried. Yes, it is exactly what...
526 Views
How Reliable Are PBOC FX Numbers?
There is increasingly strong evidence the PBOC is massaging official FX reserves data. The sustained period of net outflows during which PBOC FX...
457 Views
Trump Proposes New Tariffs but US China Trade Continues Growing on Trend
With new tariffs set to come into play, it is worth pointing out that overall the trade has not dropped off as a result. We see bilateral trade...
456 Views
China Rates Picture Shows Falling Rates and Shrinking Spreads
It is important to note that China remains overwhelmingly dependent on short term lending. Trading and borrowing for numerous remains extremely...
534 Views