In a press conference today, officials from China's Ministry of Finance pledged to ramp up the pace of fiscal spending in the second half of the year. This will mainly come from better use of existing...

After regaining some ground at the end of Q2, China's economy lost momentum again last month. The silver lining is that the boost to manufacturing activity from AI capex continued to build, and that...

In its Q2 monetary policy report published earlier this week, the PBOC vowed to make timely adjustments to policy but stopped short of signalling rate cuts. For now, the central bank seems focussed on...

Bank loan growth slowed for the 16th consecutive month in July, hitting yet another record low of 5.1% y/y, down from 5.2% in June. Household demand remained particularly weak, with household loan...