Is Chinese authority freaking out? Comments from Davos
Jan 27, 2016 10:46 am UTC| Commentary Central Banks
We, at FxWirePro, at of the belief that Chinese authority or to say its communist leadership is freaking out over recent crisis faced by economy. While at one hand, they are trying hard to give up control and give market a...
Industrial profit and rail freight both point to no recovery in Chinese economy
Jan 27, 2016 08:56 am UTC| Commentary Economy
According to latest data available, Chinas Industrial profit dropped by 4.7% in December from a year ago. It had fallen 1.4% in November and record 8.8% in August. Latest GDP reading shows, economy grew at 6.9% in 2015,...
Moody's: China's core shadow banking growth remains subdued, but overall leverage continues to rise
Jan 27, 2016 03:44 am UTC| Research & Analysis
Moodys Investors Service says that while the growth rate of core shadow banking activity in China (Aa3 stable) remains subdued, the pace of total social financing (TSF) picked up in the second half of 2015 on a surge in...
Moody's: China's pursuit of growth target risks extending economic imbalances
Jan 27, 2016 01:36 am UTC| Research & Analysis
Moodys Investors Service says that maintaining robust economic growth will remain the priority of Chinas (Aa3 stable) authorities in 2016, but some of the implications of this approach will be credit negative. Moodys...
CNY’s liquidity conditions likely to remain tight before the Chinese New Year
Jan 26, 2016 11:53 am UTC| Insights & Views
PBoCs internal meeting minutes recommended that Chinas January new loans are likely to surpass 2 trillion CNY, a record high, as compared with 1.47 trillion CNY in January 2015. Increased onshore borrowing has strengthened...
Panic over China looks increasingly overdone
Jan 25, 2016 16:28 pm UTC| Commentary Economy
According to the official GDP data, Chinas growth was 6.9% in 2015, which would be the slowest since 1990. China Activity Proxy (CAP) suggests that the true growth rate has been much weaker, perhaps as low as 4.3% in 2015....
Renminbi series - Chinese economy heads to recession in Dollar terms
Jan 25, 2016 07:00 am UTC| Commentary
According to latest data released by Chinas National Bureau of Statistics (NBS), economy grew 6.8% from a year ago in fourth quarter. Though it below expectations of at least 6.9% but it is higher than 6.5% target to be...
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