China Macroeconomics & Academia

Christopher Balding

Macroeconomics

<p>Given the expected rate hikes, financial institution takeovers, and end of month closing we wanted to look at a key factor in China changes to rates and liquidity. With these rates being on the rise, the Chinese government bond yield curve is rising, too. To tackle this problem the Chinese government has been putting high amounts of money into the markets to keep things stable.</p><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/045/952/original/Slide1.PNG?1519956458" class="editor-image img-responsive" data-smartkarma-image-id="45952"></figure><div class="content-caption">Figure 1</div><p>Since the beginning of 2017 the Shanghai Interbank Offered Rate (SHIBOR) has almost doubled, as we can see in…</p>

Given the expected rate hikes, financial institution takeovers, and end of month closing we wanted to look at a key factor in China changes to rates and liquidity. With these rates being on the rise, the Chinese government bond yield curve is rising, too. To tackle this problem the Chinese government has been putting high amounts of money into the markets to keep things stable.Figure 1Since the beginning of 2017 the Shanghai Interbank Offered Rate (SHIBOR) has almost doubled, as we can see in…

中国金利は引き続き上昇しているが、中国人民銀行は異なる管理手段を使っている