The People’s Bank of China (PBoC) announced it will start RMB to Euro direct trading on China Foreign Exchange Trade System (CFETS) tomorrow on September 30. The direct conversion aims to promote bilateral trade and investment, as well as to reduce forex-related costs. Since the Euro is one of the G3 currencies and is the […]
The removal of the RMB conversion cap imposed on Hong Kong residents and the establishment of Bank of China's Paris branch as the official RMB clearing bank are steps forward on the path of the Chinese currency's internationalization process, says a report issued by the Australia and New Zealand Banking Group Limited (ANZ). The Hong […]
Capital inflows into China will make a U-shaped recovery during the second half of this year, forecasts BofA Merrill Lynch in a research report.
China's exports rose dramatically to US$212.9 billion in July, up 14.5% year-on-year, higher than market expectations, according to data released by China's General Administration of Customs. China’s import decreased by 1.6% to US$165.6 billion last month, versus a 5.5% increase in June, largely due to a high base at the same time last year. This […]
The author is Australia and New Zealand Banking Group (ANZ) Research In early June, we turned bullish on onshore RMB (CNY), expecting the currency to resume appreciation after weakening for most of the first half of the year.
The author is chief China economist at Capital Economics Mark Williams The recent abrupt fall in the RMB is best seen as a salvo in a battle between policymakers who believe that China’s currency is close to its fair value and market participants who don't.
In this special edition of China Money Network, listen to former chairman and CEO of AIG, Hank Greenberg, discuss how the U.S. and China should jointly manage the Asia Pacific region, the transition of China's economic model, and China Development Bank's failed investment in San Fransisco. Hank Greenberg answered questions from former Morgan Stanley chief […]
In this episode of China Money Podcast, co-founder of Amalfi Capital, Tristen Langley, talks with our host, Nina Xiang, on Alibaba Group's US$586 million acquisition of an 18% stake of Sina's Weibo, her investment firm's winning and losing bets, and the future challenges facing China's e-commerce industry. Listen to the full-interview in the audio podcast, […]
In this episode of China Money Podcast, guest Bluford Putnam, chief economist at the CME Group, talks with Nina Xiang about his forecast for when the Fed will stop asset-buying programs, raise interest rates, and their impact on China. He also explains why investors do not need to worry about inflation even after the biggest […]
In this episode of China Money Podcast, guest Richard Herd, head of China research at the Organization for Economic Co-operation and Development (the OECD), talks with Nina Xiang about OECD's 2013 China Economic Survey. He explaines why the OECD believes that China will overtake the U.S. as the largest economy in 2016; why the Chinese […]
In this episode of China Money Podcast, our host Nina Xiang reviews the latest news from the week of March 25 to April 1, 2013. – China's official PMI (Purchasing Managers' Index) number rebounded significantly in March, consistent with the rebound shown in the HSBC PMI released earlier. The statistic further supports the view that […]
In this episode of China Money Podcast, founder and CEO of Beijing-headquartered, US$500 million-under-management HAO Capital, Simon Eckersley, talks with our host, Nina Xiang, on HAO Capital's investments in the healthcare and environmental protection sectors, the firm's plans for future fundraising, and some key methods it uses to help portfolio companies grow. Listen to the […]
Daan van Aert: Logistic Warehouses And Car Parks Present Best Property Investment Opportunities In China
In this episode of China Money Podcast, head of non-listed real estate Asia in APG, one of the largest pension fund asset managers in the world with assets under management of approximately €325 billion, Daan van Aert, discusses with our host, Nina Xiang, APG's investments in China such as car parks and logistic warehouses, his […]
In this episode of China Money Podcast, Dalton Investments' Shanghai-based portfolio manager, Tony Hsu, explains to our host, Nina Xiang, how to execute the playbook of Warren Buffett in China, the reasons why Dalton's Asian equity strategy has consistently beat the market and his outlook for the markets in 2013. Listen to the full interview […]
In this episode of China Money Podcast, founder and CEO of Palico, Antoine Dréan, shares what he sees the fundraising environment will be for China-focused private equity funds this year, and why secondary transactions of Chinese private equity fund stakes among Limited Partners (LPs) will likely double in 2013. Listen to the full interview in […]
In this episode of China Money Podcast, S&P analyst Bei Fu discusses the outlook for China's property sector, potential policy moves and property sales predictions. She made the following comments during a teleconference call held by Standard & Poors. Listen to the full interview in the audio podcast, or read an summary below. Will China's […]