If the central bank chooses to intervene directly in the market, a decline in the reserves to $2.9 trillion from $3 trillion would trigger greater shock to market confidence.

Raymond Yeung

Categorized in : Business

I would not be surprised if we see a technical recession - two consecutive quarters of contraction. That is highly probable now.

Brexit may not be a bad thing to China's global yuan plans, and it may create new space for the internationalization.

It does seem to indicate manufacturing is warming up a bit, new orders were...a very strong figure, we think there are basically two factors driving the recovery: the first is a possible acceleration in infrastructure spending; the second is a broader pickup in external demand.

There are signs the growth momentum is starting to lose steam. by Raymond Yeung

There are signs the growth momentum is starting to lose steam.

Misunderstandings under the current clearing system happen from time-to-time due to different languages and codings. The CIPS is a breakthrough since it will offer a united platform and enhance efficiency.