The Phase One trade deal signed this week includes commitments by China to refrain from competitive devaluations and widen market access for US non-bank financial institutions (NBFIs). We doubt the...

While the spike in oil prices following the killing of Iranian General Soleimani proved short-lived, oil prices still look set to rise this year on the back of a recovery in demand. But the impact of...

The interest rates on virtually all outstanding loans issued by China’s banks will be renegotiated over the next few months as the PBOC implements the most consequential phase of its efforts to...

China is ending the year with financial strains once again dominating the headline. The sharp rise in defaults by private firms is cementing creditors’ preference for lending to state firms and so...