The latest analysis and updates on global economy. China, US, UK, Europe, and the rest of the world.
China, Economy. 15 October, 2012, 11:23 China CPI inflation falls to 1.9% yoy in September
Headline inflation falls to 1.9% yoy, in-line with market estimate.
China, Economy. 12 October, 2012, 15:57 Chinese banks made RMB623.2 billion new loans in September
Chinese banks made RMB632.2 billion loans in September according to aggregate financing statistics.
China, Economy. 11 October, 2012, 10:47 People’s Bank of China injects RMB59 billion liquidity via reverse repo
PBOC injects more liquidity into the system via reverse repo.
China, Economy. 10 October, 2012, 16:29 Facing funding squeeze, some China’s local governments squeeze companies
As some local governments fail to meet fiscal target, they go on squeezing more revenue from already squeezed companies.
China, Economy. 10 October, 2012, 13:46 China to expand rural auto purchase subsidies; offer loan subsidies to importers
The Chinese government may expand subsidies on auto purchases in rural area.
China, Economy. 10 October, 2012, 11:55 China punishes Japan over the disputed island, economically
China is apparently squeezing Japan economically over the disputed islands.
China, Economy. 9 October, 2012, 12:40 PBOC sets Chinese Yuan at significantly weaker rates than the market
PBOC still wants to see Chinese Yuan weaker, while the market interest in China appears to be returning.
China, Economy. 9 October, 2012, 11:36 People’s Bank of China injects RMB265 billion of liquidity via reverse repo
PBOC injects RMB265 billion into the banking system today.
China, Economy. 8 October, 2012, 18:01 China’s money flow may not reverse if growth prospect does not improve
Positive impact from QE-Infinity may be more limited and short-lived than previously thought.
Economy, United States. 7 October, 2012, 3:38 US trade deficit has been halved if oil is excluded
If the trade balance of oil is excluded, US trade deficit is now just half of what it was at the pre-crisis peak.
China, Economy. 7 October, 2012, 2:51 China’s local government’s investment “wish lists”: wishes that will not come true
Only a small portion of the investments being announced by China’s local governments will ever be implemented.
China, Economy. 6 October, 2012, 17:45 Chinese political cycle has no clear influence on economic cycle
There is no conclusive evidence that economic growth will pick up after Party Congresses.