10 Dec 2020
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People’s Bank of China (PBoC) Governor Yi Gang discussed efforts to support the growing green bonds sector in virtual remarks to a financial forum on Wednesday.
Why it matters: Yi says it’s a crucial component in China’s drive to peak carbon emissions by 2030 and achieve carbon neutrality b...
July 26, 2024
On Wednesday, the macro planner (NDRC) and finance ministry (MoF) announced increased subsidies to support the struggling consumer trade-in program. That was quick: Just last Friday, the State Council said more support was in the pipeline. Some context: The State… Read More »
July 26, 2024
China’s top policymaking body is raising the alarm on flood season. On Thursday, Xi Jinping chaired a Politburo Standing Committee (PBSC) meeting on flood control. Xi warned top leadership that floods are hitting the country hard: (Xinhua) “This year…rivers are… Read More »
July 26, 2024
China is looking to mend fences with India. On Thursday, top diplomat Wang Yi met with India’s Minister of External Affairs Dr. Subrahmanyam Jaishankar on the sidelines of the ASEAN summit in Vientiane, Laos. The pair met earlier this month… Read More »