Legal change by State Council would end cap on Chinese banks’ lending
BEIJING | June 27, 2015 | By Wu Hongyuran via Caixin | Loan levels would no longer be limited to three-quarters of deposits if legislature approves amendment approved by cabinet.
China
The Chinese labor market: Retooled by consumption pattern
BEIJING | June 23, 2015 | By Ye Xiang via Caixin | The country may be facing the end of cheap labor, but these changes are being driven by a more fundamental shift in the economic model rather than family planning policies.
Debt now a key risk in the emerging world
HONG KONG | June 18, 2015 | By Alicia García-Herrero via Caixin | Brazil’s economy is burdened by debt and China is leveraging at an unsustainable level, situations that could be exacerbated by Fed tightening.
Uber revs up for high-stakes battle in China
By Ray Kwong | Things just shifted into high-gear in China’s taxi app war. Just days after a leaked memo showed Uber is raising US$1 billion to put its China business into overdrive, the Wall Street Journal reported that Didi Kuaidi—China’s largest taxi app company—is out to raise US$1.5 billion.
Is China knocking on deflation’s door?
BEIJING | June 16, 2015 | By Yu Hairong and Wang Liwei via Caixin | Economists are divided over whether deflation in China is endangering the economy or whether it is even a problem.
Chinese A-Shares: Investors have a harder time getting money for leveraged buys
BEIJING | June 11, 2015 | By Zhang Yu and intern reporter Han Hui via Caixin | Financial institutions have become more cautious about lending money to investors playing the Chinese A-share market, which is seeing its strongest rally in nearly eight years even as analysts issue warnings of a collapse.
The ‘liquidity trap’ with Chinese characteristics
BEIJING | June 2, 2015 | By Xu Gao via Caixin | Unless obstacles blocking the flow of capital to the real economy are cleared, the financial market will continue to be trapped.
China: caught in the trap of cautious monetary reforms
Iris Mir | China continues to struggle to avoid being swallowed by the challenges that stifle its stagnant economy while developing a new monetary policy. The IMF applauded the steps taken so far and no longer considers the RMB an undervalued currency. However China remains too cautious in its monetary reforms. Risking the country’s ambitions of further internationalize the RMB and the joining of IMF’s cherished Special Drawing Rights Basket.
China: Be prepared to pass the test of the Fed’s next rates hike
BEIJING | May 27, 2015 | By Caixin Editorial Team | Emerging economies have been bracing themselves for a rise in U.S. interest rates. Last week, the release of the minutes of the Federal Reserve’s policy meeting in April sparked another round of speculation about when the rate hike might begin. Most now expect a start date in December, rather than September.
Bonds to tackle Chinese local debt
BEIJING | May 24, 2015 | By Zhang Yuzhe, Huo Kan and Xing Yun via Caixin | A bond program that takes aim at China’s local government debt problem could raise 1 trillion yuan, yet cut creditor yields.