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Additional monetary easing for China?

As many other central banks in the Asian region, the People Bank of China (PBoC) has been on an easing mode for a few months now and more seems to be

Pessimistic views of China’s economy are unconvincing

In late 2001, I first used the phrase BRIC to discuss the likely rise of Brazil, Russia, India and China as growing shares of the world economy and ou

Realizing the Indian dream

It is probably too early to say with certainty that India will soon take its place as the world's third largest economy, behind China and the United S

Making space for China

Three good reasons to be bullish on China in 2015

Back at the start of the decade, I made certain assumptions about how the so-called BRIC economies -- Brazil, Russia, India and China -- would perform

Emerging markets mock the pessimists

Remember this time last year, when it was fashionable to predict that 2014 would be a pretty bad year for emerging markets?  Didn't really happen

The world is ready for a global economic governance reform, are world leaders?

A survey of G20 practitioners reveals how, notwithstanding the post-crisis loss of momentum, the G20 is still considered a useful forum of discussions

Blogs review: The China slowdown effect

What’s at stake: As China moves from being an economy with surplus labor to an economy with labor shortages, the implications for the global econ

How tight is China’s monetary policy?

There have been definite signs of monetary loosening in China in recent weeks. Nevertheless, for almost a year, the debate continues to rage over whet

How loose is China’s monetary policy?

On the contrary, among the major central banks, the PBC appears to have tightened the most since the global financial crisis, on the basis of both ex-

China's financial liberalisation: interest rate deregulation or currency flexibility first?

Part I discusses three institutional factors favouring a strategy of greater currency flexibility ahead of fuller domestic interest rate liberalisatio

China gingerly taking the capital account liberalisation path

Since China is the number one trading nation, the second largest economy and a large net creditor, the world has a huge stake in how China manages its

Developing an underlying inflation gauge for China

This paper develops a new underlying inflation gauge (UIG) for China which differentiates between trend and noise, is available daily and uses a broad

A compelling case for Chinese monetary easing

A successful Chinese economy needs both structural reforms on the supply side to enhance potential growth, and a nimble monetary policy to fully explo

Tweaking China’s loan-deposit ratio rule

In the wake of the latest easing of Chinese monetary policy, the CBRC, China’s banking regulator, has recently modified a few details of how it c