November 23, 2018

We examine the factors that contribute to consumption trend in China. This quantitative study finds that disposable income plays a significant role in consumption growth, and the overall effect from real estate market is insignificant. However, the wealth effects from real estate market play a significantly positive role in promoting auto sales, one important indicator of consump...

October 9, 2018

On 7 October 2018, the People’s Bank of China (PBOC) announced a Renminbi Reserve Requirement Ratio (RRR) cut of 100 bps, starting on 15-October. We believe China’s further RRR cuts will be ineffective to the real economy, and could even hurt the real economy. However, the cuts will help boost asset prices (real estate, stocks and bonds). While a price cap policy on properties ha...

October 5, 2018

The China-US trade war has clearly escalated. We believe the trade war is on for a long haul and we are not alone. China is the one bearing the brunt in the near term but there are also uncertainties that could alleviate the situation. It also appears that China has shifted its focus to domestic issues while preparing a long-term dispute with the US.

Read more at: https://www.smar...

September 11, 2018

We conducted a study to demystify the correlation between China’s shantytown renovation and real estate prices in the third-tier cities in China. From August 2017, Chinese authorities have indicated that the shantytown renovation program would be gradually under stricter conditions for fear that the policy would inflate even more bubbles on real estate prices in Chinese third-tie...

June 26, 2018

2018 has seen a number of corporate defaults for the Chinese onshore bond market. That has led investors to become more risk averse, in our judgment. The yield on “AA+” rated onshore corporate bonds have risen to 3.55% from 3.29% at the beginning of the year. The primary market also suffers. For example, on 21-May-2018, Beijing Orient Landscape could only raise RMB50mn out of the...

June 21, 2018

The Trump administration said on 15 June 2018 that it would impose a 25 percent tariff on USD 50 bn of Chinese products that are imported into the US. On 18 June, Mr Trump said that US may further identify another USD 200 bn worth of Chinese goods that could face 10 percent tariffs. China US Trade war has escalated. Neither side seems to prepare for a retreat anytime soon. During...

June 15, 2018

On 8 June 2018, the China Banking and Insurance Regulatory Commission started the public consultation on its proposal to abolish foreign ownership cap in the asset management sector. China will provide the single largest growth opportunity for global investment managers. This study presents the most updated analysis on China’s asset management industry.

First, we introduce each ca...

April 4, 2018

The Chinese debt issue has been a major concern for investors and most analysts or investors rely on qualitative assessments. We hereby seek to examine the intra-financial system debt issue within the Chinese banking sector through our statistic model.  Based on quarterly data during 1Q08 – 3Q17, we found that the Chinese banking sector’s debt, the Chinese real economy, and monet...

Please reload

  • Facebook Social Icon
  • LinkedIn Social Icon
  • Twitter Social Icon

© 2023 by Talking Business.  Proudly created with Wix.com

  • Twitter Social Icon
  • LinkedIn Social Icon
  • Facebook Social Icon