Consumer price inflation last month was well below expectations. Bank lending soared, as usual at this time of year, but the People’s Bank does seem to have had some success in slowing the pace of...

January’s consumer price inflation figures will be the most closely-watched of China’s upcoming batch of data. But the lending data will also be worth a look for what they tell us about the government...

The sharp increase in food prices ahead of Chinese New Year is no surprise, but evidence of rising non-food price inflation is a greater cause for concern. Still, if we are right that economic growth...

Today’s interest rate announcement again showed the People’s Bank applying the biggest rate increases to long-term deposits, in an attempt to encourage savers to keep their money in banks rather than...