Capital flows out of China accelerated in July to their fastest since February, according to our latest detailed estimates. The People’s Bank responded with heavier intervention so that, despite...

Today’s approval of a link between stock markets in Hong Kong and Shenzhen may boost market sentiment and is a welcome signal that policymakers are keen to press on with financial reform as concerns...

Consumer price inflation is likely to have fallen in July, dragged down by a sharp drop in pork price inflation. But we expect inflation to edge up again in the coming months as severe flooding across...

Concerns about growing credit risks mean that the People’s Bank has good reason to hold off from another round of broad easing measures until clear signs of a renewed downturn emerge.