President Xi is widely expected to consolidate his power over the Party and over policy at the Party Congress next month. Politics is extremely opaque at elite levels in China and we won’t have any...

We don’t believe that officials at the People’s Bank are so acutely sensitive to the level of the exchange rate that they are now worried about renminbi strength – it has barely moved in trade...

Anticipation is building ahead of next month’s Party Congress, which is widely seen as a potential watershed in policymaking if it results in President Xi successfully consolidating his power. The...

Consumer price inflation probably rose last month to the highest since January, driven by a further rebound in food price inflation. But taking a step back, inflation is still fairly subdued and we...