Central bank signals stable monetary policy, RMB internationalization focus in H2

China just cracked open the door to sanctioned Russian LNG. On Thursday, a tanker carrying LNG from a US-sanctioned Russian LNG project docked at a terminal in Guangxi province. If it discharged the fuel – as we presume it did… Read More »

Beijing has acknowledged it must shoulder more of the fiscal burden of urbanization. The new guidelines on “high-quality” urban development, released Thursday, emphasize the need to: “Establish a sustainable financing system for urban development and operations" They also specify that:… Read More »

Thursday’s high-level guidelines on urban development had something interesting to say about city restructuring: “[The government] will guide mega and super-large cities to strengthen and refine their core functions as approved by the central government, manage city size to prevent… Read More »