The Shanghai-Hong Kong Stock Connect scheme has the potential to lead to a huge increase in capital flows both into and out of China. But it will start slowly and be scaled up only gradually.

Inflation is at a four-year low and looks set to remain lower than we had previously anticipated. But we don’t think deflation is the threat that some believe or that policymakers should respond to...

The outlook for China’s economy and for economic policy will be determined by what happens to the property sector and to employment. Despite the latest increase in support for property, the outlook...

Government promises of support for the property sector triggered sharp gains in China’s stock markets in the last week of October. Meanwhile, appreciation expectations appear to be returning for the...