The GDP data, once the impact of the swings in China's stock market are stripped out, add weight to what our China Activity Proxy has been suggesting for some time – that growth in the real economy...

A shift in market expectations about China’s exchange rate has put Hong Kong’s peg to the US dollar under fresh scrutiny. But despite the surge in speculation, we think the peg will stay for years to...

The latest trade data are a challenge to those who believe that China’s export sector needs renminbi depreciation to compete or that China’s economy is continuing to slow.

The recent flood of capital leaving China has been driven primarily by increased scepticism that the People’s Bank will hold to its pledge to keep the renminbi stable. The fact that the PBOC has ended...