18 Aug 2020
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Monday’s State Council meeting discussed more than monetary policy (see previous entry).
Also on the agenda:How to get stimulus money to households and small businesses.
Some context: In May, the central government earmarked RMB 2 trillion to be directly transferred to lower-level governments...
April 19, 2024
Policymakers continue to drive forward with efforts to make payments easier for foreigners. The latest: On Monday, the central bank (PBoC), commerce ministry (MofCom), and foreign exchange regulator (SAFE) issued yet another policy on improving payment convenience for foreigners –… Read More »
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China wants to take its friendship with Indonesia to new heights. On Thursday, top diplomat Wang Yi stopped off in Indonesia, where he held talks with: Outgoing President Joko Widodo (aka Jokowi) President-Elect Prabowo Subianto Foreign Minister Retno Marsudi ICYDK:… Read More »
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After steel, aluminum, and shipbuilding, is Chinese solar next on the US government’s hit list? On Thursday, Reuters reported that the Biden administration is considering reversing a 2022 policy that allows tariff-free imports of bifacial solar modules – which currently… Read More »