China Seminar

My Additional Content

Foreign Exchange Purchases: A Burden for Chinese Banks

Chinese FX reserves have reached $3.2 trillion. The majority of the FX reserves are accumulated through financial institutions, such as commercial banks, purchases of dollars from corporations and households. As an article in September 26th edition of the ...

Foreign Exchange Reserves: A Double-Edged Sword

The recent currency bill passed by the US Senate has once again drawn attention to the Sino-US trade issue and the colossal foreign exchange reserves accumulated by the PBoC, China's central bank, as a result of years of Chinese surplus. Chinese FX reserves have increased by 17.2 times from...

A Structural Change in CNY Selloff

Following our previous posting on USDCNY decomposition, we further explore the intraday movements in recent three months, and its difference with 2008 CNY selloff period.

 

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Overview of Chinese Local Government Debt

In the movie Sanctum, a team of divers tried to explore the largest underwater cave in the world, where no human beings had been before, and almost all of them, including the master diver, lost their lives. Only one young diver went through all the tunnels, inner lakes, and deadly...

China Ministry of Railways Debt

On September 21, almost two months after the July 23 Wenzhou high-speed train crash, the announcement of an investigation progress was eventually placed on Xinhua.net. However, neither the cause of the accident nor a timetable to make that public was revealed. Aside from the crash details, there...