The Chinese government is set to announce its GDP target and new premier in coming days as part of its annual meeting.
Monthly Archives For March 2023
Bill to Declassify All Intelligence on Origin of COVID-19 Flies Through Senate, Passes by Unanimous Consent
The Senate passed a bill that would require the Biden administration to release all intelligence related to the Wuhan lab and COVID-19.
China must be ‘more honest’ on COVID-19 origins, envoy says
China must be more honest about the origins of the COVID-19 pandemic, the U.S. ambassador to China said on Monday, after reports that the U.S. Energy Department concluded the pandemic likely arose from a Chinese…
Across China: Beijing opens interim post office to promote Lei Feng spirit
The counter of a post office in downtown Beijing has been very busy these past few days serving buyers of Lei Feng-themed stamp pr …
China will keep the yuan exchange rate ‘basically stable’ – central bank governor
China will keep the yuan exchange rate “basically stable” this year, Yi Gang, governor of the central bank, said at a press conference in Beijing on Friday, adding that volatility will be …
China will step up international macro policy communication – c.bank governor
China will step up international macro policy communication and coordination, Yi Gang, central bank governor, said at a press conference in Beijing on Friday.
China’s Central Bank Governor Sticks to Prudent Policy Stance
China’s central bank will keep monetary policy targeted and prudent, and aim to keep the currency stable, Governor Yi Gang said in a rare media briefing on Friday, largely sticking to its existing …
China’s housing bubble has been curbed, says deputy central bank governor
BEIJING – The bubbling trend of China’s property sector has been curbed as measures to support the industry are gaining traction, Deputy Governor of the People’s Bank of China Pan Gongsheng said on …
China’s Yuan More Flexible, Helps Stabilise Economy: Central Bank Governor
China’s yuan has become more flexible, helping stabilise the economy and the central bank will keep yuan exchange rates stable, the Governor of the People’s Bank of China Yi Gang said on Friday at a…
US pick to lead World Bank, Ajay Banga, to visit China, other countries
US President Joe Biden’s nominee to lead the World Bank, ex-Mastercard Chief Executive Officer Ajay Banga, said he plans to meet with government officials in Europe, Asia, Africa and potentially Latin …
China Launched the First CBDC Wallet Dispenser, With Disappointing Results
Local media outlets in China reported that visitors from Hong Kong had shown little interest in digital yuan (e-CNY) hard wallet dispensers installed by Shenzen city authorities last month. According …
China’s Covid stimulus misses the mark as pressure on local government finance grows, report says
Last year, the central government cut taxes and deferred tax payments for businesses to the tune of 4.2 trillion yuan (US$607.8 billion), says finance minister Liu Kun But instead of supporting …
INSIGHT-How China’s new No.2 hastened the end of Xi’s zero-COVID policy
As unprecedented protests against China’s zero-COVID policies escalated in November, Li Qiang, the man recently elevated to No.2 on the ruling Communist Party’s Politburo Standing Committee, seized …
ADVERTISEMENT
