Chinese data supports call for further stimulus from PBoC?
Feb 01, 2016 14:36 pm UTC| Commentary Central Banks
Data released over the weekend showed that Chinas official factory PMI slipped for a sixth consecutive month to a 3 year low of 49.4 in January, compared with a median expectation of 49.6. While the private Caixin survey...
Financial markets likely to remain unstable on growing Chinese economy worries
Feb 01, 2016 09:21 am UTC| Commentary Economy
Chinas worries continue to deteriorate as the two PMI indices remained below 50 in January for six consecutive months.The official PMI dropped to 49.4, however, the Caixin/Markit PMI data was better than expected as it...
Why PBoC needs to ease more—Part 2
Feb 01, 2016 07:08 am UTC| Commentary Central Banks
We, at FxWirePro, are with strong belief that Peoples Bank of China (PBoC) will and have to ease policy large in 2016. In first part we argued that current debt servicing cost of Chinese corporations standing above 30% of...
Chinese economy slowing down or not: Alibaba edition
Jan 28, 2016 13:11 pm UTC| Commentary Economy
There has been immense article of pessimism written over the past few years regarding Chinese economic slowdown. We also contributed to that mass. However, its time for some optimism. Alibabas result released today,...
China's greatest challenge will be escaping the middle income trap
Jan 28, 2016 02:57 am UTC| Insights & Views
Chinas slower growth figures have caused jitters in world financial markets. Nevertheless its growth remains at miracle levels. At this pace, China would appear to remain on track to become the richest and most powerful...
China Jan PMI data likely to heighten concerns of a deeper slowdown
Jan 27, 2016 15:02 pm UTC| Commentary Economy
Chinas Jan PMI data is likely to have contracted for the sixth consecutive month in January, a Reuters survey showed. Reuters forecasts official manufacturing Purchasing Managers Index (PMI) likely edged down to 49.6 in...
Falling China’s industrial profits puts PBoC in a tough spot
Jan 27, 2016 11:24 am UTC| Commentary Economy Central Banks
Chinas industrial profits decreased by 2.3 percent y/y for the year 2015, as compared with previous years gain of 2.2 percent, suggesting that a need for deleveraging in Chinas industrial sector. Mining sector was hit hard...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight