The RMB exchange rate is caught between two powerful forces: the surging Dollar and China’s rising power.
Is there a quick fix for the Chinese economy? China’s industrial sector is still struggling against strong headwinds, but sentiment among firms is improving as the severity of overcapacity eases, a recent survey on more than 2,000 industrial firms shows. According to the survey, done by the Center on Finance and Economic Growth at Cheung […]
This week, China’s central bank finally bit the bullet and cut the required reserve ratio by 50 basis points; and the manufacturing purchasing managers’ index hit a new low
A new CKGSB survey shows that with excessive capacity and rising costs, easing monetary policy won’t save China’s industrial economy.