Sylvia Ma covers China's economy from Shanghai, having joined the Post as a graduate trainee in Hong Kong in 2023. She holds a master’s degree in journalism from the University of Hong Kong and a bachelor’s degree in English from Fudan University.
Sylvia Ma covers China's economy from Shanghai, having joined the Post as a graduate trainee in Hong Kong in 2023. She holds a master’s degree in journalism from the University of Hong Kong and a bachelor’s degree in English from Fudan University.
Sungrow and Sieyuan shares fell sharply after Washington’s order, but analysts say markets may be overlooking enforcement hurdles and strong global demand.
Barry Eichengreen of the University of California, Berkeley, on US wobbles and how China and rest of the world can plan for a multipolar monetary system.
Issuance of yuan-denominated debt surges, including in dim sum bond market, but sustained global use of yuan seen requiring broader access and stronger finance links.
Politburo’s pledge to stabilise growth and boost capital markets helps drive rally, reinforced by days of relatively strong reference rates by the central bank.
Analysts say removing some expenses for foreign borrowers will help funnel more yuan overseas and create a large offshore liquidity pool of China’s currency.