Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur.
PBOC injects 30 billion yuan via open market operation
The rates are unchanged for this round of operation
Chinese banks made 623.2 billion yuan new loans in September
Net new RMB loans amounted to RMB623.2 billion, down from RMB703.9 billion in August, and below estimate of RMB700 billion.
Chinese yuan strengthens while PBOC catches up
PBOC is perhaps catching up with the market
Facing funding squeeze, some China’s local governments squeeze companies
local government is hoping that companies will pay taxes early
Some Chinese banks may have tightened lending again
Some banks are also concerned about risks management for personal loans
PBOC sets yuan at significantly weaker rates than the market
Chinese Yuan is now being traded in the onshore market close to the stronger limit of the trading band
China’s demographic perfect storm and robots
employees now get a bigger share of the surplus
China’s local governments have announced RMB20 trillion of investment plans
loans approvals will be more important than projects approvals
Fed’s aggressive move makes PBOC even slower in further easing
The weakness of US dollar will probably encourage funds flow into countries like China
Moody’s may lower rating of the US
The debt limit will likely be reached around the end of this year