Details just published on the People’s Bank website about the targeted required reserve ratio cut that was first announced in late May underline how reluctant policymakers remain to pursue across-the...

In the past few weeks, policymakers have adopted an approach to supporting the economy that is the opposite of that followed in 2008. Then, banks were encouraged to flood the economy with credit. Now...

With both consumer and producer price inflation likely to have risen in May, there are few convincing signs that China is sliding into deflation. This should ease calls for the People’s Bank to roll...

The ongoing slowdown in the property sector is hitting land sales, which some have suggested has worrying implications for local government finances. We think the risks are being exaggerated and that...