Slower economic growth, monetary easing and escalating trade tensions will all put the renminbi under pressure in the months ahead. The People’s Bank will continue to lean in the other direction but...

The stock market sell-off this week is a reminder that Chinese equities won’t be immune if, as we expect, the S&P 500 falls sharply next year. Meanwhile, data on tourism and retail spending during the...

We think the upcoming reduction in banks’ required reserve ratio will be followed by cuts to the policy rate to ensure that interbank rates fall far enough to boost lending. But despite its growing...

The People’s Bank faces a test when it sets the renminbi fix on Monday morning. With onshore markets closed for the past week, a wedge has opened between where the renminbi last stood onshore and its...