Exchange rate reform?

Li Yang, vice-director of the Chinese Academy of Social Science, thinks that the recent announcement just signals continuation of exchange rate reform, which was instigated back in 2005 and is not an explicit message that it will accelerate renminbi appreciation.

China Confidential Funds

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

Other Articles on this Issue

• Financial China

  Mini-boom in grassroots finance

  Select financial charts

  Village and town banks – part of the future?

  Microcredit companies find their feet

  Rural community credit ratings

• Macro View

  Another big China debate

• The Best of Chinese Commentators

  A-share outlook

• Funds Data

  Flows to Taiwan surge

• The Big Call

  Rural China starts to take off

• Consumer China

  A new consumer cohort

  Johnson & Johnson's Dabao – universal winner

  Chongqing Chang'an Automobile

  TCL Corporation - TV giant

  Henan Huaying – recent listing boosts production capacity

  Xtep – popular with discretionary rural consumers

  Anta - growing margins

• Capital Intensive China

  Farmland sales – a quiet revolution

• Guest Column

  Growing trade ties with Latin America

• View issue