Is China really planning to open its financial sector?

In a keynote speech delivered at the Boao Forum for Asia on April 10th, China’s president, Xi Jinping, pledged that the country would further open its financial sector to foreign investment. Shortly after the governor of the People’s Bank of China (PBC, the central bank), Yi Gang, announced that liberalisations would be imminent in areas including asset management, securities … http://bit.ly/2jPGQgJ

Belt and Road Initiative Quarterly: Q1 2018

As part of a new series examining the impact of the Belt and Road Initiative (BRI), The Economist Intelligence Unit will provide regular quarterly analysis on trade and investment flows along the path of the BRI, as well as updates on relevant policies and projects. In this edition we discern an uptick in economic activity between China and BRI countries in the fourth … http://bit.ly/2F5fcsX

EIU global forecast – An improved outlook for China

After an encouraging 2017 for the global economy, The Economist Intelligence Unit expects 2018 to proceed along similar lines. The US economy will strengthen gradually, the euro area will absorb more slack in its labour markets and this month we have revised up our forecast for China significantly, as the government has chosen not to prioritise its deleveraging programme. … http://bit.ly/2BvR4cj

How China’s artists made sense of their country

A new exhibition focuses on art that was made in or inspired by China between 1989 and 2008. HANGING from the ceiling of the magnificent rotunda that Frank Lloyd Wright created for the Guggenheim Museum in 1959 is an undulating black dragon. Twenty-six metres (85 feet) long, it is made almost entirely of the inner tubes of bicycles. Its head is a sculptural confection of … http://econ.st/2zUjpJ7

White Paper: Strong leader, tough decisions: What China’s party congress means for economic policy

In October the Chinese Communist Party (CCP) will gather for its 19th national congress, where appointments and decisions will be made which set the tone of the government for the next five years. There are no doubts that following this year’s congress China’s president, Xi Jinping, will emerge strengthened and dominant, and the implications of this on economic policy could … http://bit.ly/2hMp1xH