China
Economy
2008 has proved a traumatic year for the Chinese equity market, as the speculative froth of the preceding two years turned to bust and economic growth went from warp speed back into...
2008-12-31Economy
Beijing's efforts to forestall a sharp economic slowdown have gathered further momentum this week, with the State Council today announcing a batch of measures to prop up the wobbly...
2008-12-17Economy
BMI View: The yuan will remain relatively volatile in the short term, but within the CNY6.8900-6.8300/US$ range, as the People's Bank of China (PBoC) tests the waters for a potential...
2008-12-11Economy
One chart that merits attention is the Mexican peso/Chinese yuan cross rate. Since 2002, MXN/CNY has moved decisively in the yuan's favour by roughly 80% to MXN1.9540/CNY, smashing...
2008-12-11Economy
Although China recorded yet another record trade surplus in November, the fact that this was a result of imports declining by more than exports, rather than outbound shipments outpacing...
2008-12-10Commodities
In line with our previous forecast, three-month aluminium prices have continued to decline, and are now down by 55% since peaking in July. Currently trading at US$1,509/tonne, the...
2008-12-09Economy
The Chinese yuan's cross-rates offer some clues as to the next level for the yen. The yen is currently testing key resistance at JPY13.50/CNY (or CNY0.0741/JPY), and from a technical...
2008-12-03Economy
Three-month copper has continued to decline, in line with the view we promoted in our last commodity price forecast. At US$3,646/tonne the metal is down by approximately 58% since...
2008-12-01Economy
BMI View: We see a growing possibility of yuan depreciation over the coming months and in 2009 as the Chinese authorities seek to cushion their economy from the global recession....
2008-12-01Economy
Our mounting concerns that real GDP growth could be set for a sharp tumble have all but been confirmed by Beijing seemingly hitting the panic button with its latest aggressive easing...
2008-11-26




