China

In broad strokes, today's investment world seems to be divided into two large groups - gold optimists who expect the metal price to keep ascending, and skeptics concerned about a near end to the gold bull market. In this brief overview we…

A lot of Chinese SOEs are involved in a very wide variety of business activities, and are especially fond of activities in which cheap capital is the comparative advantage, or in which there is political advantage to be gained. That makes…

Over the rest of this year, PBOC will continue to use a combination of policy rate hikes, reserve requirement hikes, and currency strength to help limit inflation pressures. How much more can we expect, and where do we stand in the process?…

Dollar is broadly firmer for the second day on euro zone periphery issues; China hikes rates by 25bp. Safe havens are bid again as downgrade of Portugal fuels concerns over status of Ireland’s rating. Brazil Finance Minister Mantega…

Dollar is broadly stronger amid concerns over Greek debt rating, China tightening; stocks mixed. S&P warns plan for Greece is likely default; ECB to accept collateral unless all agencies rule default. RBA on hold, Riksbank hikes by…

Dollar is mostly weaker against the majors into Greek austerity vote; global equities rally strongly. The euro remains firm near $1.444 ahead of vote; momentum likely to continue but hurdles remain. Rumors of a potential Chinese rate hike…

Michael Pettis writes that in the current environment is that small and medium enterprises (SMEs) are hurting, and last week’s minimum reserve hike – which came out the same day as the CPI number – will undoubtedly make things worse since…

A world in which basic natural resources are neither cheap nor abundant and in which the debt levels in leading economies are very high is one prone to geopolitical instability.

In China, the persistence of inflation pressure has brought “shadow banking” into a topic of hot debate recently. According to a study issued by the People's Bank of China in 2010, non-banking sector lending has expanded to 63.3 trillion…

Dollar broadly mixed as the uncertainty over the Greek persist; German IFO beats expectations. News of a Greek austerity deal with EU-IMF are positive but risk surrounding austerity vote remain. China said efforts to stem inflation are…