central bank

Citi appoints chief economist for China

Hong Kong-based Dr. Xiangrong Yu takes on responsibility for the bank’s views on China’s economy and policy. He shares with FA his thoughts on last week’s move by the PBOC’s to offer a RMB 1 trillion fiscal boost, as well as his concerns around inflation in 2H22.
March 15, 2022

China hikes rates for the third time in three months

Economists expect more hikes to come, but argue that the moves will be moderate as the PBoC has to strike a difficult balance between fighting inflation and fending off speculative liquidity inflows.
February 08, 2011