BLACK CHINA BLOG >> China Economy


We sure have had a busy week. Geopolitical risk grew to its most alarming point with an impending missile launch from North Korea; as a result, talks were held, defense systems were engaged, and warships were deployed. Next, investors became equally frightened by the tragic bombing in Boston and the below-consensus blow of a soft […]

By: June Wang | Read More

The recent announcement from the NDRC on making adjustments to the Chinese fuel price pricing system, aims to bring flexibility to the market. The move potentially benefits Chinese refineries, as it let loose the domestic fuel price, allowing it to move more in sync with the international crude oil price. While this is a step […]

By: June Wang | Read More

With heightened concerns over China’s leverage, non-performing loans and property market bubble, the market is anticipating some form of crisis originating from the banking sector.We believe there are increasing risks in the Chinese financial system, however, the risk is not as severe as they were for the US prior to the Global Financial Crisis. A comparison […]

By: June Wang | Read More

 300Kt It is mid-March and the SRB has moved to purchase 300Kt, just like it did before. The motive is clear; the SRB desires to provide support to the falling aluminium price, which has hurt almost half of the smelters in China on a cash cost basis. The purchase price has not been revealed yet, […]

By: June Wang | Read More

Rumor has it that the SRB will potentially make sizable purchases after the Chinese National People’s Congress concludes in order to support the Chinese aluminium market. This rumor  has sparked fresh optimism in the SHFE market. Price has shot up in the last few days, lifting the Spot price to around 14,700RMB/t. The rumor carries a lot […]

By: June Wang | Read More

The all mighty and powerful NDRC has released the latest directives for industrial restructuring or consolidation. Under the carbon category, we have both anode and cathode in the ‘discouraged’ or ‘restricted’ list. Specifics provide that anode capacities under 80Kt and cathode capacities under 20Kt are to be limited and restricted. This means investment proposals for […]

By: June Wang | Read More
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