Hong Kong’s economy has been sputtering since before Covid, and it has lagged other developed economies in the region.
The PBOC governor defended the central bank’s monetary policy stance and implied that credit growth will not accelerate very much.
To support the development of artificial intelligence, China has mapped out plans to bolster its computing power infrastructure.
Retail sales improved in May, but most other areas slowed, including industrial production, real estate, and FAI.
The European Commission has announced new tariffs on BEVs imported from China, which will impact different carmakers to varying degrees.
Plenum clients are overwhelmingly interested in China’s housing market and the implications of a potential second Trump term.
Geopolitical tensions and the pandemic triggered a diversification of Apple’s supply chain in 2021, but its move to the West appears to have been temporary.
Chinese investment in Mexico has been growing rapidly, but it still remains relatively small compared to the investments made by other countries.
Last week, president Xi held a symposium with businessmen and economists in preparation for the upcoming Third Plenum.