Politburo leaders are content with China’s economic growth but have endorsed more policy support for the ailing real estate sector.
Continue Reading
In this chartbook, we walk you through the latest developments in the Chinese economy and offer our outlook.
Attaching the bill to a major foreign aid package and extending the divestiture timeframe helped the bill clear political hurdles in the Senate.
Patterns that emerge from visits by China’s top leaders to local industries can offer insights into national plans and priorities.
Plenum partner Chen Long discusses what the recently released Q1 GDP data say about the state of China’s economy, talks about the RMB exchange rate, and explores the issue of excess capacity.
Beijing’s overall approach has been very hands-off; it has neither offered to rescue developers in trouble nor shut down the insolvent ones.
Despite moving early to control generative AI, China has been highly proactive in releasing policies to encourage the growth of the industry.
The USD/CNY spot is trading next to its theoretical upper limit, as the market keeps pushing for a lower RMB exchange rate.
Yesterday’s call between presidents Xi and Biden was the first since their meeting in November; Xi raised concerns about Taiwan and US sanctions.