Key Takeaways China’s top leadership has signed off on a plan to shutter regional SOEs at a pace nearly double the 154 that were shut down in 2015 Officials continue
Key Takeaways: • After months of preparations, China will soon begin invoicing all its crude oil imports in yuan rather than in dollars. • The PBoC is taking “pre-cautionary” measures
Key Takeaways: • Chinese officials have lingering concerns over the potential impact of a Fed rate hike in June on their markets and the RMB, and will suggest to their
Investors are struggling to interpret the data release from the People’s Bank of China last Friday that showed a surprise drop in new loans to 555.6 billion yuan in April
Analysts, in particular western analysts, are struggling to identify the sourcing and thus handicap the significance of an interview with an “authoritative insider” that appeared yesterday on the front page
China’s FX reserves shrank by $117.783 billion in the first quarter of 2016. That marked the first time China has experienced seven consecutive quarterly drops in its reserves, the ninth
China’s Finance Minister Lou Jiwei and People’s Bank of China Governor Zhou Xiaochuan met their US counterparts, Treasury Secretary Jacob Lew and Federal Reserve Chair Janet Yellen, in Washington DC
The third session of the Fifth National Council for the Social Security Fund was held in Beijing on March 25, at which a number of measures were approved by China’s
When Liu Shiyu was appointed Chairman of the China Securities Regulatory Commission (CSRC) in late February to replace Xiao Gang, who was pushed out after an ill-fated experiment with circuit
China’s President Xi Jinping presided over a meeting last Sunday during the ten day long 12th National People’s Congress to review macroeconomic measures the government is taking in response to
Premier Li Keqiang presided over a meeting at his office this morning (Beijing time: February 29) with Vice Premier Ma Kai, PBoC Governor Zhou Xiaochuan, and Finance Minister Lou Jiwei.
Unfortunately for the embattled now former China Securities Regulatory Commission (CSRC) head, part of the rally in Chinese equity markets overnight has, rightly or wrongly, been attributed to the announcement
In the run-up to the two day G-20 Finance Ministers and Central Bank Governors meeting that opens this Friday in Shanghai, China’s President Xi Jinping and Premier Li Keqiang tasked
Arguments over just how violently China will be forced to – or decide to – devalue the Renminbi have turned almost into a parlor game among some traders and investors,
China’s Premier Li Keqiang shared his views on the economy, policy objectives, and global financial conditions with IMF Managing Director Christine Lagarde in a conversation that took place on the
*** With global crude oil prices at 12-year lows, Beijing has ordered China’s big three crude oil companies to reduce output in 2016. The goal is to cut total domestic
China’s President Xi Jinping is increasingly concerned that a dearth of economic and financial experience at key policymaking levels is exacerbating concerns among both market investors and global policymakers over
The leadership in Beijing is livid at North Korea’s claims that Pyongyang successfully conducted an “H-bomb” test on Wednesday. This is the first time Beijing would have not been informed
Premier Li Keqiang presided over a highly unusual meeting held in Zhongnanhai on the last day of 2015, on December 31, convened to compile China’s 13th Five-year plan. At that
The full membership of the Communist Party of China (CPC), including all ministers and provincial leaders, just concluded a meeting of the Central Economic Work Conference at the Jingxi Hotel
