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March 7, 2024

China Economic Outlook. March 2024

We summarized the recent Chinese economic development as well as policy outlook in 2024. We also highlight the March 2024 "Two sessions".

February 20, 2024

China | The PBoC cut 5-year loan prime rate to support housing market and growth

The PBoC unexpectedly cut the 5-year loan prime rate by the largest amount today while maintaining the one-year loan prime rate which is deemed to be the policy rate unchanged.

July 11, 2023

China | 2023 RMB Exchange Rate Outlook

RMB to USD exchange rate has cumulatively depreciated by 8% in 2023, amid expectation change of the US FED hike path. Look forward, we predict RMB to go back to around 7-7.1 at end-2023 and 6.7 at end-2024.

July 20, 2021

China Economic Outlook. Third Quarter 2021

Q2 growth momentum moderated but with a more balanced structure. 2H 2021 policy will remain neutral but accommodative with "no sharp turnaround" to be either aggressive easing or tightening.