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
The White House and US State Department both maintain that former US Secretary of State Henry Kissinger is visiting China in his capacity as a private citizen, and not on
Our understanding is that China’s Foreign Minister Qin Gang is under investigation by the CCDI (Central Commission for Discipline Inspection of the CPC – Communist Party of China) and by
China’s Central Financial and Economic Affairs Commission (CFEAC) is holding its traditional series of eight meetings from July to August to formulate guidelines for China’s macroeconomic work for the second
The most important objective of US Treasury Secretary Janet Yellen’s just concluded visit to Beijing was to avoid further deterioration in Sino-US relations. While this is an objective often cited
China’s Ministry of Commerce and General Administration of Customs (GAC) announced on July 3 that starting August 1, China will impose export controls on two rare elements – gallium and
Premier Li Qing presided over a State Council Executive Meeting in Zhongnanhai last Friday to consider appropriate measures to stimulate China’s flagging economic recovery, before embarking on official visits to
China’s State Councilor and Foreign Minster Qin Gang met with US Secretary of State Antony Blinken for a five-and-a half-hour “candid, in-depth, and constructive” talk on Sunday, local time, concerning
The People’s Bank of China recently enhanced its “counter-cyclical” policy adjustments to fully support the real economy on the back of weaker-than-expected industrial production and tumbling export numbers over the
The slide in China’s official PMI survey figures released on Wednesday, in both manufacturing and services, revived questions in the markets over when and by how much the People’s Bank
The news out of the G7 summit meetings this weekend in Hiroshima, Japan, that grabbed the market’s attention was not around efforts by western democracies to forge a coordinated, “de-risking”
The agenda of the G7 meetings today and tomorrow in Hiroshima, Japan includes a discussion of “de-risking” supply chains away from China, even while seeking to re-engage with Beijing on
In mid-April, China’s State Council reviewed and approved the National Development and Reform Commission’s (NDRC) plan for major industrial production output as well as the NDRC/Ministry of Commerce targets for
