Interest rate liberalisation is happening faster than seemed likely even a few months ago as the sudden take-off of online money market funds has forced opponents of liberalisation to rethink their...

Yesterday's inflation data point to subdued price pressures. Meanwhile, despite the seasonal volatility in the latest trade data, foreign demand and exports remain healthy.

China’s leaders have left the GDP growth target unchanged at “about 7.5%” but they are also now talking of focusing on a “range” for growth, determined in part by the health of employment. One...

The unchanged GDP growth target is the big news on the opening day of the National People’s Congress, though the government has given itself more wriggle room on growth than may immediately be...