Global Impact is a weekly curated newsletter featuring a news topic originating in China with a significant macro impact for our newsreaders around the world. Sign up now! Ahead of the US election, the world was bracing itself for a long, uncertain period during which America might descend into violence as a power struggle between … Read more
Premier Li Qiang called on China to explore and introduce incremental policies that are “tangible, effective and accessible to both the public and businesses”, as increasing external headwinds and prolonged weak domestic demand are creating challenges to the annual economic growth target. Analysts said Beijing was likely to opt for an expanding fiscal policy for … Read more
Breaking | China’s Politburo pledges support, sending stronger-than-expected signal to boost economy China has vowed to step up macro policies and stabilise market confidence to ensure it achieves leaderships’ full-year economic growth goal as the economy faces “increasing negative influence” from the outside world and insufficient demand at home. The top leadership signalled more support … Read more
Analysts said the outcome was in line with expectations as it provided a continuation of existing policy tweaks, although nothing that hinted at China heading towards a different direction. “China’s leadership has promised to continue comprehensively deepening reform in a wide range of areas. But there are few signs that the just-concluded third plenum marks … Read more
The use of “better leverage” in reference to the role of the market at the twice-a-decade event – formally known as the third plenum of the party’s 20th Central Committee – slightly deviates from rhetoric used at the same gatherings in 2013 and 2018, when the market was granted a “decisive role” in resource allocation. … Read more
A group of heavyweight US executives will head to Beijing next week, hoping to meet with Chinese officials to obtain first-hand insight following the conclusion of China’s widely-watched third plenum, according to people with knowledge of the matter. The visit will be arranged by the US-China Business Council (USCBC), a Washington-based advocacy group. It will … Read more
Since the third plenum of China’s 19th Central Committee’s in 2018, economists and academics have offered advice on how Beijing should plan its economic strategies. And with the tone-setting third plenum of the new Central Committee set to take place next week in Beijing to chart China’s long-term growth path, we look at four of … Read more
Putin concluded his two-day trip to China with a stop in Harbin, a northeastern Chinese city known for its Russian legacy and its role as an important gateway between the two countries. 03:07 Xi welcomes ‘old friend’ Putin to Beijing, affirms strength of China-Russia bond Xi welcomes ‘old friend’ Putin to Beijing, affirms strength of … Read more
With import tariffs removed for the first time in three years, shipments of Australian wine to China surged in April, with analysts expecting producers to jump back into the lucrative market “quite quickly”. China imported US$10.4 million of wine from Australia in April, up from US$126,045 a year earlier, representing a roughly eightyfold increase, according … Read more
A version of this article has also been published by The Korea Times in partnership with the South China Morning Post. Premier Li Qiang would attend trilateral talks with South Korea and Japan at the end of the month, according to a source with connections to top Chinese officials. But separate bilateral discussions between China … Read more
