A month after benchmark interest rates were cut in China, market interest rates have risen, putting the People’s Bank under pressure to do more to reduce financing costs. Meanwhile, the equity markets...

The government is tomorrow likely to announce an upward revision of perhaps 5~10% to its estimate of the size of China’s economy. Nothing will have changed on the ground, but the data revisions will...

Proposed new regulations governing how banks handle wealth management products should help to contain risks in this rapidly growing area, though at the cost of crimping credit growth.

Inflation may have dropped to its lowest in nearly five years in November. We are expecting further falls in the months ahead that will add to concerns about the threat of deflation.