China could post its first year-on-year decline in consumer prices in over a decade, but that trend is likely to be short-lived and have limited impact on monetary policy. ( read original story …)
FINANCE
China Doesn’t Need That Much Pork After Record Imports This Year
Pork imports by the world’s top consumer may fall as much as 30% next year as the recovery of China’s hog herd from African swine fever exceeds expectations, Pan Chenjun, a senior livestock analyst ……
China to adopt ‘positive and prudent’ approach towards fintech regulation, banking regulator says
China will adopt a “positive and prudent” approach towards the rapid growth of the country’s financial technology industry and will watch over “too big to fail” cases in the sector, the head of its ……
Shadow banking expected to see healthy prospects next year
China’s shadow banking sector is expected to become healthier in 2021 amid improving regulatory efforts to de-risk the sector, after assets of the most risky shadow banking activities contracted by … ( read original story…
China’s Financial Markets Start to Price In Deleveraging
Policy makers are allowing for tighter liquidity in the financial system, a signal that Beijing wants to stabilize the level of debt in the economy. Though not as aggressive as previous deleveraging … ( read…
Only the U.S. and China Can Stave Off Debt Disaster
A pandemic-induced crisis threatens to hurl millions into poverty unless Washington and Beijing can work together. ( read original story …)
China’s Financial Markets Are Starting to Price In Deleveraging
Policy makers are allowing for tighter liquidity in the financial system, a signal that Beijing wants to stabilize the level of debt in the economy. Though not as aggressive as previous deleveraging … ( read…
China-Australia relations: Canberra’s path through the WTO looks to be riddled with hurdles and pitfalls
Challenging China’s anti-dumping duties on barley exports at the World Trade Organization (WTO) would be an uphill battle for Australia, with little potential windfall, according to international … ( read original story …)
China exports at record levels as Western producers remain crippled by pandemic lockdowns
November shipments total unprecedented $268 billion, with medical and electronic sectors seeing strong foreign orders. ( read original story …)
‘Counting nature’: aligning finance with nature’s needs
Financial institutions must act quickly to measure their impacts on nature and safeguard the ecosystems we all rely on … ( read original story …)
China trade will be the guarantor of world peace
Much-maligned trade and supply chains, made possible by China’s WTO membership engineered by Zhu Rongji, may ultimately deter the West, led by Washington, from pursuing a military solution to contain … ( read original story…
China estimates shadow banking worth US$12.9 trillion as it moves to clean up high-risk sector
Authorities in China have pledged to crack down further on the nation’s high-risk shadow banking sector, which by official estimates was worth 84.8 trillion yuan (US$12.9 trillion) in 2019. ( read original story …)
China’s $13tn shadow banking sector gets clearer definition
China’s top banking regulator for the first time defined the criteria, scope and classification of the country’s nearly $13 trillion shadow banking sector in a continuing effort to defuse systemic … ( read original story…
