China Unveils Draft Law to Bolster Private Sector Growth
China has unveiled a landmark draft law aimed at promoting private sector growth, emphasizing equal treatment, innovation support, and fair market access for private businesses.
Economic Policy
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China Unveils Comprehensive Policy Package to Boost Economic Growth
China introduces a sweeping package of policies aimed at stimulating economic growth and supporting people’s livelihoods amidst a challenging global economic environment.
China’s Swift Policy Rollout Signals Commitment to High-Quality Development
China announces new policies focusing on stability and efficiency, demonstrating commitment to high-quality development and aiming to surpass growth targets as the 14th Five-Year Plan concludes.
China Pledges New Measures to Attract Foreign Investment
China has reaffirmed its commitment to attract and stabilize foreign investment, introducing new measures to improve its business environment and bolster economic growth.
EU Must Avoid Economic Cold War with China Over EV Tariffs
The EU’s decision to impose tariffs on electric vehicles from the Chinese mainland could disrupt global supply chains and harm Europe’s own EV industry, potentially triggering an economic cold war.
Canada’s Tariffs on Chinese Mainland EVs: Who Really Benefits?
Canada’s imposition of 100% tariffs on electric vehicles from the Chinese mainland raises critical questions about its economic policies, U.S. influence, and the potential impact on domestic industries.
Analysts Predict Chinese Stock Market Upswing Amid Policy Boost
International investors and analysts are optimistic about a potential rally in the Chinese stock market following recent economic policy adjustments by China’s leadership.
China’s First-Tier Cities Revamp Home-Buying Policies
Beijing announces easing of home-buying restrictions, lowering the threshold for non-locals to purchase homes in the capital, aiming to boost the city’s property market.
Xi Jinping Leads CPC Meeting to Boost China’s Economic Growth
Xi Jinping led a key CPC meeting to analyze China’s economic situation and plan future strategies, emphasizing policy implementation, market stability, and support for key sectors to achieve development goals.
China’s Central Bank Lowers Mortgage Rates to Boost Housing Market
China’s central bank announces a significant cut in mortgage rates for existing home loans, aiming to boost the housing market and ease financial pressure on homeowners.
Fed Lowers Interest Rates by 50 Basis Points; Former Vice Chair Calls for Continued Cuts
The U.S. Federal Reserve has lowered interest rates by 50 basis points amid signs of moderating inflation and a weakening labor market. Former Vice Chairman Donald Kohn stresses the importance of continued cuts.
Americans Brace for First Interest Rate Cut Since March 2022
Americans are preparing for a potential interest rate cut when the Federal Reserve meets in September, signaling a possible shift in monetary strategy. This would be the first cut since March 2022.
China Eliminates Foreign Investment Restrictions in Manufacturing
China announced it will lift all foreign investment restrictions in manufacturing with the 2024 negative list, reducing restrictions from 31 to 29 and eliminating barriers for foreign investors.
China Removes Foreign Investment Restrictions in Manufacturing
China will lift restrictions on foreign investment in the manufacturing sector with the release of the 2024 negative list, aiming to attract more foreign capital and optimize investment structures.
China’s Deepening Reforms: Paving the Way for Modernization
China’s Third Plenary Session of the 20th CPC Central Committee has adopted a landmark resolution to deepen reforms and advance modernization over the next decade.
Reevaluating the U.S. Market Economy: A Shift in Practices?
Recent shifts in U.S. policies raise questions about its standing as a market economy. Explore the evolving dynamics and what they mean for global markets.
Daryl Guppy Urges Serious Examination of Troubling U.S. Debt Issue
Daryl Guppy, CEO of Guppytraders.com, urges a serious examination of the U.S. debt issue, calling current debt ceiling discussions mere political maneuvering that ignores troubling underlying problems.
CPC Leadership Outlines Economic Priorities for Second Half of 2024
At a recent meeting, the Communist Party of China (CPC) leadership analyzed the current economic situation and set priorities for the second half of 2024, emphasizing stability and progress amid global challenges.
Major Chinese Banks Lower RMB Deposit Rates in First 2023 Reduction
Six of China’s largest banks have lowered RMB deposit rates for the first time this year, marking the fifth reduction since September 2022, affecting demand and fixed deposits across various terms.
China Bolsters Private Sector Confidence with New Measures
China is boosting confidence in its private sector with new policies and measures, promoting high-quality development and strengthening the economy.