Two senior officials in Beijing commented on background on the Chinese government’s fiscal and tech policy initiatives, respectively. We have summarized their comments below. As may be expected, the comments
Following five months of a vicious bear market, Chinese shares rebounded sharply this week on reports that President Xi Jinping was to personally meet with officials at the regulatory watchdog
In order “to ensure high-quality economic growth of around 5.0%” this year, Premier Li Qiang and four vice-premiers inspected 17 provinces and held hundreds of symposiums after the Central Economic
A very brief follow-up to our report from Monday on the Taiwan elections this weekend (SGH 1/8/24; “China: Taiwan Elections and Beijing”): From a high level former senior official: The
Taiwan will hold its much anticipated presidential and legislative elections this Saturday, January 13. Since Terry Gou – the billionaire founder of tech giant Foxconn – withdrew his candidacy under
China’s 2023 Central Economic Work Conference (CEWC) was held at Jingxi Hotel in Beijing earlier this week, on December 11-12. President Xi Jinping and Premier Li Qiang made speeches, and
The message from China’s senior economic officials is, perhaps not surprisingly, that the economy is sustaining good recovery momentum with major indicators continuing to improve and overall performance stable. Below
Beijing made a big point to Washington in the run-up to the APEC Summit currently underway in San Francisco that an invitation had to be extended to Hong Kong SAR
Following a preliminary consensus that was reached at the first meeting of the US-China Economic Working Group and the US-China Financial Working Group via video link in late October, US
China’s leadership held its Central Financial Work Conference on Monday and Tuesday of this week in Beijing. The two-day conference, usually convened every five years, has offered a crucial window
Last Tuesday, the US Department of Commerce confirmed news reports that the United States will tighten export restrictions on artificial intelligence related chips and semiconductor manufacturing equipment to China, in
Last week, in another example of the quixotic search by reporters and markets for the “bazooka” stimulus story from China, a major financial news organization ran with a headline report
On Tuesday, Bloomberg LP, a leading US based financial news service, ran as a top breaking story a report stating that “China is considering raising its budget deficit for 2023
Beijing sees the week of October 15 when China will host the third “Belt and Road Forum for International Cooperation” (BRI) as the country’s most important diplomatic week for all of 2023.
On the back of increased stimulus, and a bump in consumption including through the Golden Week holidays and bolstered by the Asian Games that will conclude this weekend, officials in
US tech stocks and Apple in particular have been hit by reports that Beijing is planning to ban the use of Apple and perhaps other foreign made phones by government
Beijing will not publicly or formally concede that it may miss its 5% GDP growth target for this year, but high ranking former officials concede in private that it is
Pan Gongsheng, the new Party Secretary and Governor of the People’s Bank of China, has been under intense pressure since taking over as head of China’s central bank. Pan was
China’s Premier Li Qiang presided over a State Council Executive Meeting on Monday morning, local time, in Zhongnanhai to study follow-up arrangements for economic policy measures due to expire this
China’s Central Financial and Economic Affairs Commission (CFEAC) held the second of its eight summer meetings as scheduled on Thursday, July 20, local time. The purpose of this meeting was
