Earlier this month, the Chinese government sketched out how it intends to address the build up of corporate debt and the threat it poses to financial stability and China’s broader economic outlook. On...

According to our detailed estimates, capital flows out of China picked up last month. Global investors have regained some of their appetite for renminbi assets, but Chinese households and firms are...

China’s GDP data are widely maligned. But one area where the figures are useful is in the detail they provide on the service sector. Figures for Q3 show stronger activity in retail and real estate...

The sharp rise in property prices over the past year, fuelled by a surge in mortgage lending, is clearly not sustainable and we expect a correction before long. This may not be the threat to financial...