Jun 13, 2012

Signs of a slowdown in China

The People’s Bank of China on June 7 lowered banks’ one-year lending rate by a quarter percentage point to 6.31 percent and one-year deposit rate by the same margin to 3.25 percent — the first full-scale monetary easing by China since a similar move ...

Mar 17, 2012

More than meets the eye in Beijing

While many dismiss China’s National People’s Congress (NPC) as a “rubber stamp,” its annual meeting provides valuable insight into the thinking in Beijing. This year’s 10-day conclave, which concluded earlier this week, was scrutinized particularly closely since China is set for a leadership transition ...