Markets have been parsing through official announcements and Chinese state-run media outlets for clues as to whether the ruling Politburo will be seeking to further crack down on new sectors,
A top-level policy maker in Beijing noted, two nights ago, how what he calls “China concept” stocks on Wall Street had plummeted horribly over the previous two days. In fact,
The meetings this week between US Deputy Secretary of State Wendy Sherman and China’s Vice Minister of Foreign Affairs Xie Feng, and subsequently with Foreign Minister Wang Yi, were somewhat
The People’s Bank of China announced on Friday a cut in its Reserve Requirement Ratio (RRR) of 50 basis points for eligible financial institutions starting on July 15 to support
Over this past year, analysts and investors seem to have misunderstood, or perhaps riding on the wave of a ferocious global equity bull market, chosen to look through the policy
On Friday, China’s most widely used ride-hailing app, Didi Chuxing, was put under review by the Cyberspace Administration of China (CAC) for cybersecurity concerns – just two days after its
Our understanding is that China’s Premier Li Keqiang addressed virtual currencies again at length at a meeting of the State Council executive committee that was just held on Wednesday morning,
Vice-Premier Liu He presided over a meeting of the State Council Financial Stability and Development Committee (FSDC) on Friday, May 21, to map out key issues and the actions needed
*** Our understanding is that at a State Council Executive Meeting held in Zhongnanhai on Wednesday morning, Beijing time, Premier Li Keqiang said that while China now imposes a 25
Chinese regulators and financial officials say they found over the last few weeks that some online industry advisors have been reaching “underground trading deals” with initial coin offerings (ICO) project
US Treasury Secretary Janet Yellen and China’s Vice-Premier Liu He spoke by video for the first time this week since Yellen’s appointment as the top economic official for the Biden
US Trade Representative Katherine Tai and China’s Vice-Premier Liu He held their first phone call just over a day ago, (May 27 Beijing morning, May 26 Washington evening). The call
Vice-Premier Liu He presided over a meeting of the State Council Financial Stability and Development Committee (FSDC) on Friday, May 21, to map out key issues and the actions needed
China’s attempt to rein in the cryptocurrency markets has been sanctioned at the very highest levels in Beijing and goes beyond an attempt to curb speculation. At heart is a
The European Union announced on Monday it would suspend an escalation of its dispute with the United States over steel and aluminum tariffs that was started under the Trump administration
China’s Ministry of Commerce has been informed that US Trade Representative Katherine Tai is prepared to have a conversation with her Chinese counterpart after fully reviewing the implementation of the
Sources in Beijing expect a face-to-face meeting between President Joseph Biden and President Xi Jinping this summer, but a specific time and place for the talks has yet to be
On Wednesday, the executive European Commission unveiled plans to cut the European Union’s dependency on supply chains from China, and to stop state-subsidized Chinese companies from buying up European firms or
China’s State Council met in mid-April to review and approve the National Development Reform Commission’s (NDRC) output plan for major industrial products for Q2 of 2021, as well as the
A review of China’s economic performance in the first quarter and the projections going forward was recently completed by nine different state agencies and were submitted to a State Council
