Shanghai releases plan to develop city as an international financial center

Yesterday, we told you that Beijing's 15th Five-Year Plan (FYP) will likely include a stronger focus on developing tech self-sufficiency. We just got more confirmation that this is the case. The Party’s guidelines on the 15th Five-Year Plan (FYP), released… Read More »

The central bank (PBoC) has changed its tune on trading Chinese government bonds (CGBs). Some context: In August last year, the PBoC started buying and selling CGBs to help smooth the yield curve – becoming a net buyer from August… Read More »

Beijing’s rhetoric toward the US has taken an upbeat turn since this week’s trade talks in Malaysia. Exhibit 1: On October 27, a People's Daily commentary published under the pen name Zhong Sheng – a byline reserved for authoritative Party… Read More »