
More recent developments

PBoC and other agencies push financial institutions to support consumption
On Tuesday, the central bank (PBoC) and five other government agencies jointly published “guiding opinions” on providing financial support to boost consumption. The agencies – which include the macro planner (NDRC), finance ministry (MoF), commerce ministry (MofCom), financial regulator (NFRA),… Read More »

Xi Jinping meets Singapore Prime Minister
On Tuesday, Xi Jinping met with Singaporean Prime Minister Lawrence Wong who stopped off in Beijing on his way to the "Summer Davos" in Tianjin. Xi gave the familiar spiel about choosing cooperation over conflict (CPPCC): “Peace, development, cooperation and… Read More »

Xi Jinping to skip July BRICS summit in Brazil
Xi Jinping will skip the upcoming BRICS Summit in Brazil. Early Wednesday, the South China Morning Post scooped that Xi wasn't planning to attend and Bloomberg confirmed from independent sources a few hours later. Both reported that Premier Li Qiang… Read More »