China Market Intelligence

February 8th, 2017
Meg Kelly

In the first two weeks of the Trump administration, there has been a great deal of discussion of policies affecting trade, though formal proposals have not yet been made on most of them.  Administration officials have suggested a proposed border tax on imports from certain countries, and made repeated calls to increase domestic manufacturing, but so far, there has been no action regarding alleged currency...

January 25th, 2017
By Jake Parker

Limited progress on State Owned Enterprise (SOE) reform continues to undermine US industry’s confidence in China’s policy direction, but recent announcements limiting SOE outbound investment might be beneficial. Since December, Chinese regulators have increased scrutiny of SOE outbound investment plans, limiting the size and types of permitted deals because of the downward pressure on the renminbi (RMB)....

December 14th, 2016
By Meg Kelly

The 15th anniversary of China’s accession to the World Trade Organization (WTO) was marked with a fresh trade dispute Monday after the United States ignored the December 11 deadline to end its use of non-market economy (NME) calculations for antidumping cases. China’s dispute also names the European Union and Japan for their continued use of NME status.

December 9th, 2015
Zoe Sophos

In a largely symbolic decision, the International Monetary Fund (IMF) last week announced it will add the yuan to its Special Drawing Rights (SDR) basket of currencies on October 1, 2016. It will be the biggest change to the basket since the euro was created in 1999.

The IMF’s decision is a turning point in the internationalization of the RMB, one of China’s long-term policy goals with important “face-giving” implications for economic reformers. While the inclusion...

August 19th, 2015
Zoe Sophos

Update: As this article went to print, the International Monetary Fund (IMF) decided to freeze the Special Drawing Rights basket of currencies until October 2016. This will allow more time for markets to adjust to changes in the basket that might occur as a result of the IMF’s evaluation of the RMB in November.

In October of this year, the International Monetary Fund (IMF) will conduct its five-yearly review of the Special Drawing Rights (SDR) basket of currencies...