Showing 1 - 10 of 10
Why banks keep lowering their climate targets
News, Alastair Marsh, Published on 12/03/2025
» When Morgan Stanley moved the goalposts back on its climate targets in October, members of the industry's biggest climate alliance were caught off guard.
China's dirty little stimulus secret
News, Shuli Ren, Published on 06/03/2019
» Investors trying to gauge how much appetite China has for stimulus should ignore official targets and look at local government bond issues instead.
Bad jobs data could end up biting China
News, Christopher Balding, Published on 21/02/2019
» China has long been criticised both for its obsession with GDP statistics and their quality: Pressuring cadres to meet growth targets has encouraged a risky buildup of debt and, at times, outright fabrication of numbers. If anything, though, the quality of China's official employment data is even worse -- and the inaccuracies could have equally dangerous repercussions.
China to choose between debt growth or development
News, Christopher Balding, Published on 18/12/2018
» China's top leaders meet this week in Beijing to set economic policy objectives for the coming year. The central question is whether they will do what they want or what the country needs.
Asia's private-bank party on thin ice
News, Nisha Gopalan, Published on 05/10/2018
» Every day, it seems like another wealth manager joins the scramble for Asia's growing ranks of millionaires, especially those from China. With cash streaming in, there hasn't been much reason for private banks to worry about high costs for things like salaries, technology and compliance.
China needs to resolve its underlying data discrepancy
News, Christopher Balding, Published on 24/09/2018
» China's economic data, never easy to track in the best of times, has become almost indecipherable in 2018. While the headline numbers on GDP growth, retail sales and debt tell reassuring stories that (unsurprisingly) match government objectives, the underlying statistics paint a very different picture. What does this tell us about the state of the economy?
Reckless development sows seeds of disaster
News, Paritta Wangkiat, Published on 09/08/2018
» As monsoon rains have struck the Mekong region recently, some countries have been hit hard by flooding. These disasters reflect the fact that the region's development projects have not fully recognised climate change impacts and so lack plans to deal with them.
Chinese savers won't save China
News, Christopher Balding, Published on 09/07/2018
» Chinese are, in the popular imagination as well as some economic statistics, inveterate savers. According to the International Monetary Fund, the Chinese savings rate stood at an astonishing 46% in 2016, compared to a global average around 25%. Chinese planners have long sought to bring that ratio down in order to promote consumption and ease the economy's overreliance on investment. If only Chinese would shop more, the thinking goes, China wouldn't need to rely on smokestack factories and boondoggle infrastructure projects to drive growth.
Tax cuts feed China's consumption
News, Christopher Balding, Published on 22/06/2018
» It's tempting to view China's changes to the personal and corporate tax code in the context of US trade tensions. The reforms are really aimed more at Beijing's concerns about competitiveness and economic rebalancing, and ultimately the creation of a "moderately prosperous society".
Asean's busy election calendar
Asia focus, Nareerat Wiriyapong, Published on 15/01/2018
» What should we expect for Asean in 2018? On the economic front, the overall picture remains unclear even though export growth is likely to continue on the back of improving global demand. But what is certain is that domestic politics will ultimately dominate the headlines.