Policy easing efforts were expanded this week. Fiscal loosening was given the green light. The People’s Bank adopted a more proactive approach to ensuring that its liquidity injections translate into...

Capital outflows from China only picked up slightly in June despite the market sell-off in the second half of the month. But there are tentative signs in the early indicators that outflows accelerated...

The State Council has called for more proactive fiscal policy, including additional tax cuts. This follows further, large liquidity injections by the People’s Bank. While the direct impact of these...

The People’s Bank appears to be leaning against downward market pressure on the renminbi. But the depreciation it has allowed so far will already provide a cushion for China’s exporters as they face...