China developers move to Hong Kong ';”China’s growth momentum has peaked and that the country won’t raise rates until June “at the earliest:

· China could wind up scrapping yuan peg next week according to a call today out of Standard Chartered; economic talks w/US officials are due to kick off w/the US at the end of May and China may want to make an adjustment before this event. Bloomberg

· China - influential former lawmaker Cheng Siwei said the country would succeed if inflation is kept under 5%; the country’s hands are tied when it comes to raising rates – given widespread expectations for a yuan hike, a rate increase would only attract more speculative inflows, which could exacerbate inflation woes (Reuters)

· China will step up crackdown on speculative inflows – the country will step up its crack down on capital inflows to prevent the worsening of “asset bubbles,” said Wang Xiaoyi, deputy head of the State Administration of Foreign Exchange (SAFE).  Bloomberg

· China developers move to Hong Kong as mainland imposes curbs; Chinese developers are borrowing record amounts in Hong Kong – Bloomberg

· China’s home prices could slump 30% due to the government’s property curbs – Bloomberg 

· China eco growth – a UBS economist has warned that China’s growth momentum has peaked and that the country won’t raise rates until June “at the earliest” Bloomberg

· China CPI - The consumer price index will likely rise at a faster pace in April, China Business News reported today, citing Wang Yuanhong, an economist with the nation’s State Information Center. Bloomberg