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Tao Ling

Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows

by Anas Siddiqui
Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows

The yuan is facing its highest level of capital outflow in eight years, according to new research, and data suggest a wave of offshore yuan remittances from Hong Kong to …

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China’s central bank backs Beijing’s property destocking plan as housing sales crawl

by Anas Siddiqui
China’s central bank backs Beijing’s property destocking plan as housing sales crawl

China’s central bank has backed the government’s plans to use public resources to absorb the nation’s unsold homes as it moves to remove an inventory overhang in the world’s largest …

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