A Financial Times Service
China Confidential - Premium Investment Insight

Capital Intensive

02 June 2011

Land sales are so central to local government finances that their current slowdown suggests an easing in fixed-asset investment.

RENMINBI COMPASS

Renminbi Compass, a new research service launched by the FT, aims to act as a navigational guide through the expanding universe of renminbi asset classes. With the Chinese currency gaining ever-wider acceptance around the world and Beijing taking steps to open its capital account, we are broadening our research coverage to include not only equity funds but also all other important renminbi asset classes, such as chengtou bonds, dim sum bonds, real estate, trust products, underground banking, art, antiques and several others.