Michael Clauss via Caixin | Both countries want to solve the world’s crises, continue to innovate and develop sustainable economies – all reasons for optimism in the relationship.
Guan Qingyou via Caixin | The Chinese central bank’s decisions to trim banks’ reserve-requirement ratios and benchmark interest rates this year have all coincided with bad news, so it was hardly surprising that it would make cuts again on October 23, shortly after the National Bureau of Statistics said the country’s GDP growth rate for the third quarter fell to 6.9 percent.
UBS | We believe China and Japan will play significant roles as regional economic patrons over the next few years. We estimate the amount of patro – dollars, namely China’s outward direct investment in the ‘One Belt One Road’ regions, will exceed US$200bn in 2016 – 18.
Tao Jingzhou via Caixin | The government must act to clean up a scourge that hurts the public interest yet sees few people ever punished.
While Yellen bet on increasing rates, China’s slowdown concerns Draghi, but he is not considering further stimulus for the time being, says Gabriel Marqués at Intermoney.
Marco Bellochio was probably unaware of how close China could become when he directed his famous movie portraying a rotten Western society besieged by Mao’s revolutionary thrust. History eventually proved that the Little Red Book had less enduring success than the Holy Bible…
By Wang Lan via Caixin | The rules for China’s government provide space for the state-owned economy and public ownership, but this still allows for limiting the role of SOEs.
By Nailene Chou Wiest via Caixin | When the authorities scapegoat a journalist because he wrote a story without official permission, they scare anyone who wants to perform policy-related reporting.
By Peter Lundgreen via Caixin | The turmoil on world financial markets has more to do with global changes that need to be noted than recent volatility in China’s stock exchange.