Yesterday’s required reserve ratio (RRR) cut is officially intended to support banks’ debt-to-equity swaps rather than mark a shift away from deleveraging and toward monetary easing. But in practice...

Escalating trade tensions with the US have led the news abroad, but in China much of the focus over the past week has been on the outlook for the domestic economy and policy. An RRR cut appears...

If President Trump follows through on his threat to expand further the range of Chinese goods subjectto punitive tariffs, China is likely to respond quickly by targeting US firms operating in China...

There have been clearer signs recently that China’s economy is slowing. We expect headwinds to economic growth to continue to build over the coming months and that this will prompt the People’s Bank...