From a senior Chinese economic official, Sunday evening, Beijing time: [President Donald] Trump’s hope to reach a trade deal with China in three to four weeks is…absolutely impossible…President Xi will
China’s National Bureau of Statistics (NBS) will release Q1 2025 GDP data tonight US Eastern time, Tuesday morning local time with press conference to follow at 10:00 am. The release
There has been a good deal of speculation in markets over whether the recent runup in US treasury yields can be attributed among other things (basis trade unwind, dollar weakness,
China’s President Xi Jinping chaired a meeting on Tuesday night, local time, in Zhongnanhai to discuss China’s economic situation, the escalating trade war with the United States, and measures that
On Wednesday, January 15 a confidant of then President-elect Donald Trump reached out to his counterpart in Beijing to confirm who would be the senior Chinese official attending Trump’s inauguration
In late December, China’s President Xi Jinping invited retired members of the previous (19th) CPC Central Committee Political Bureau to attend a symposium and personally listened to each participant’s suggestions
Due to time constraints, we are unable to draft a more analytical follow up to our previous China report (SGH 11/25/24; “China: 5% Target Despite Trump Tariffs”), but here are
Officials in Beijing are encouraged by major economic data for October which showed that since the central government introduced a package of targeted incremental fiscal policy measures in late September,
China’s Premier Li Qiang formally submitted his highly anticipated proposal for a new round of fiscal stimulus to the Politburo on Friday. President Xi Jinping will chair a meeting of
The meeting of China’s NPC (National People’s Congress) Standing Committee, which was originally scheduled to be held this week to approve China’s new round of fiscal stimulus and issuance of new bonds,
At his highly anticipated press conference this Saturday, October 12, China’s Finance Minister Lan Foan could not disclose specific numbers for a new round of proposed fiscal stimulus, which still have to
At the Politburo meeting that was held on Thursday, September 26, before China’s National Day/Golden Week holidays, President Xi Jinping and the Politburo approved the outlines of an economic stimulus
On Tuesday, October 1 (China’s National Day), Beijing’s top diplomat Wang Yi received a phone call from Ali-Akbar Ahmadian, Secretary of Iran’s Supreme National Security Council, in which Ahmadian informed
Overnight Reuters, naming anonymous sources, reported that China plans to issue 2 trillion yuan of special sovereign bonds, one trillion of which would be to stimulate consumption, and the other
The rate cuts and broader stimulus measures announced by the People’s Bank of China Governor Pan Gongsheng yesterday were deeper, more comprehensive, and rolled out earlier than many analysts and
Since it last cut rates in July, financial markets have been anticipating further rate cuts from the People’s Bank of China (PBoC) to address China’s slump in consumer confidence and
The focus of the fifth plenary session of China’s State Council chaired by Premier Li Qiang on Friday, August 16 local time, was to send a strong signal to stabilize
July 26, 2024 At the Third Plenary Session of the 20th CPC Central Committee, China’s President Xi Jinping spoke at length about preparing for a possible return of Trump to the
China’s Central Financial and Economic Affairs Commission (CFEAC) will hold six meetings from late July through the end of August to formulate guidelines for China’s macroeconomic work for H2 2024.
China’s National Bureau of Statistics (NBS ) will hold a press conference to present the country’s regularly scheduled July and Q2 data releases and economic performance over the first half