Markets and Finance

USD/CNH has started to catch up with the broad strength of the USD and will continue to accelerate.

The relative cyclical changes in the US and China no longer favor the RMB.

China’s A-share market is looking more risky after reaching new-high.

Local government started to inject capital into smaller regional banks.

The PBOC will inject more funds this week ahead of the Chinese New Year.

For Q4, growth was higher than expected in part because the National Bureau of Statistics slightly revised down the 2019 numbers.

China’s fintech regulation seems to have taken a sharp turn following Ant Group’s delayed IPO.

The People’s Bank of China (PBOC) became the first major central bank issuing a central bank digital currency.