Both production and consumption are continuing to recover, and cyclical momentum will last into Q1 2021.
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PBOC effectively took the authority to set policy rates back from the State Council.
Guangzhou Evergrande Property is again under the spotlight as its bonds and stocks suffered a massive sell-off.
China’s growth recovery beat expectations in August but followed the same pattern as in previous months.
Data from A-share listed firms confirm a strong recovery in China’s industrial sector.
The central government plans to launch a new set of rules to force developers to reduce leverage.
China’s economic recovery continued in July, but the pace was slower than the market expected.