China has logged a US$1 trillion trade surplus. Where is all that money going?
Recent data on China’s external accounts presents a conundrum: while the country’s trade surplus has broken records, surpassing…
China to hide bad debt records for pandemic-hit borrowers who repay small loans
China’s central bank has unveiled a credit-rehabilitation policy to help individuals who defaulted on small loans rebuild their…
Open Questions | Why US economist Nicholas Lardy thinks the ‘peak China’ theory has peaked
Nicholas Lardy is a non-resident senior fellow at the Peterson Institute for International Economics and a member of…
China should step up borrowing to boost domestic demand, economist says
China’s central government should borrow more to lift domestic demand through supportive monetary and fiscal policy, a Chinese…
Nomura warns China’s stock surge risks creating a bubble with little benefit to economy
China’s stock markets have surged to their highest levels in a decade, but the rally risks creating a…
Why debt-shy Chinese consumers may snub loan subsidy scheme
As China rolls out subsidies for personal consumer loans, covering part of the interest costs, Beijing’s latest effort…
China’s monetary policy impact not yet unleashed, PBOC says with 5% GDP goal in mind
China’s central bank intends to carefully calibrate the intensity and pace of its “moderately loose” monetary policy implementation,…
To survive the trade war, China aims to create a stronger domestic economy
Beijing is doubling down on efforts to create a stronger domestic market, as it focuses on reducing China’s…