Tag: chinese stock market

Written by lookingbeyondborders

China’s Next Step on Yuan Is Convertibility, Zhou Says

China’s central bank governor said convertibility will be the next step in the overhaul of the exchange-rate system as calls grow for the nation’s new leadership to deepen changes in the economy to sustain growth. “For the central bank, I think the next movement related to the yuan is going to be reform of convertibility,” Zhou Xiaochuan said at […]

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Written by lookingbeyondborders

New Waves Of Urbanization And Re-balancing Of Industries Will Sustain China’s Economic Growth, Argues Stephen S. Roach

Concern is growing that China’s economy could be headed for a hard landing. The Chinese stock market has fallen 20 percent over the past year, to levels last seen in 2009. Continued softness in recent data – from purchasing managers’ sentiment and industrial output to retail sales and exports – has heightened the anxiety. Long […]

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