Matthew Phan

Bank Corp Treasury. Ex-Asia financials analyst at CreditSights & China watcher.

[Matthew Phan @mattphan1891]

Repo turmoil is a symptom of a much bigger problem https://t.co/aRiDpjchOb via @financialtimes - best succinct explanation i've seen yet

[Simon Rabinovitch @S_Rabinovitch]

Quite the quote from a man who has devoted much of his life to promoting US-China dialogue.
(via @comradewong on Bloomberg's relocation of New Economy Forum from Beijing to Singapore: https://t.co/ysbjHi6QmW)

[Matthew Phan @mattphan1891]

One Belt One Road - How China Got Sri Lanka to Cough Up a Port https://t.co/Du2kSoH2ii

[. @WallStCynic]

A suddenly declining RMB, restrictions on selling Chinese stocks, a Greek debt deal, OPEC pumping more oil....Did I rejoin Twitter in 2015? https://t.co/2zQ77yKtSR

[Matthew Phan @mattphan1891]

So many banks are loaded up on JGB HQLAs that if China ever decides to attack Japan, all other countries would lobby them not to. Maybe that's the Japanese QE-as-national-defense plan.

[Matthew Phan @mattphan1891]

What Happens When a Bad-Tempered, Distractible Doofus Runs an Empire? https://t.co/j8LDudUJxH

[Matthew Phan @mattphan1891]

What’s the best way to avoid regrets? | Oliver Burkeman https://t.co/53kFdMIlQU

[Bill Hayton @bill_hayton]

The bizarre story of China's U-shaped line - it's really just a series of mistakes. The story finally published in 'Modern China' - by me. The Modern Origins of China’s South China Sea Claims: Maps, Misunderstandings, and the Maritime Geobody https://t.co/qQ8BVeJI6T

[The New York Times @nytimes]

Yes, this turtle has green hair. Yes, it breathes through its genitals when it's underwater for a long time. And the Mary River turtle is ranked as among the most endangered reptiles in the world. https://t.co/fka2dkTPYI

[Matthew Phan @mattphan1891]

@MacroPru https://t.co/vgdK9bujDu

[Matthew Phan @mattphan1891]

What determines Chinese banks' onshore funding costs?

[Matthew Phan @mattphan1891]

Its not tighter monetary policy causing the onshore bond sell off, its fin regulation forcing shadow bank deleveraging

[Chris Buckley 儲百亮 @ChuBailiang]

Japan shows once again why it can never be counted out. https://t.co/veHMdEIJu6

[James Kynge @JKynge]

#funds are piling into #China's asset backed securities, particularly auto loan ABS such as those issued by #Ford and #VW. https://t.co/4EvbrzY8yQ

[Matthew Phan @mattphan1891]

Chinese banks issue loads of T2 in onshore RMB but practically no AT1 in 2017; AT1 issuance has gone to offshore USD markets

[Matthew Phan @mattphan1891]

2/2 乱 - the searing, multi generational, semi permanent, socio economic splits that accompany deindustrialization

[Matthew Phan @mattphan1891]

1/2 Reading of steel mill closures in the US midwest in The Unwinding by George Packer, thinking China is less pro stability than fearing 乱

[Matthew Phan @mattphan1891]

@keqiangCN WIND has data on direct fiscal deficits, likely they then include net issuance of central and local govt bonds to it

[David Dollar @davidrdollar]

Where is China’s development finance really going? https://t.co/bgFX3GSF7X via @BrookingsInst new data shed light on China's lending

[Adam Tooze @adam_tooze]

Classic Shin/BIS: why 2008 was not a crisis of $+ macroecon imbalances but a crisis of $ funding of European banks https://t.co/OuHiKVLNj0