China’s frozen property market is showing signs of a thaw. Sales took off in the second half of June and prices are rising for the first time in months. Recovery in the sector would help haul the...

Today’s unexpected interest rate cut suggests that policymakers in China are increasingly rattled by the state of the economy. The move’s loosening impact will be amplified by the decision to increase...

Consumer price inflation tumbled to near 2% y/y in June, we believe. With the government pushing up electricity prices for heavy residential users starting this week, the headline rate may not get...

Business confidence has deteriorated again this quarter, loan demand has dried up, and most households are unusually concerned about their income prospects. However, sentiment towards the property...