Tag Archives: China

China: A Crisis of Confidence?

The tightening measures implemented by the Chinese authorities on margin financing, used by Chinese retail investors, may have curbed margin activity in recent weeks. Despite having fallen by more than a third from its peak levels, participation in domestic equity … Continue reading

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Chinese Rates – What’s Next?

A View from the Emerging Markets Desk Following several months of disappointing inflation data, the Chinese Central Bank moved to cut rates on Sunday. The People’s Bank of China (PBoC) cut the benchmark interest rate by 25bps, the third cut … Continue reading

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Mind the Gap

Economic fundamentals (the “real economy”) have been struggling to catch up with the buoyant behavior of financial markets and, eventually, these diverging patterns (gaps) will have to be reconciled. On the economic side, the main global structural imbalances (a mountain … Continue reading

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