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Monthly Archives: October, 2017

Services Sector Expected to Account for 60% of GDP by 2025

The latest data from China's National Bureau of Statistics points to an ongoing expansion in the service sector's share of economic output. Ning Jizhe (宁吉喆),...

Think Tank Calls for More Scientific Scrutiny of China’s Debt Dilemma

A researcher from one of China's leading economic think tanks has called for the establishment of a "scientific assessment framework" that would cast a...

Central Bank Determined to Drive Internationalisation of the Yuan

China's central bank has reaffirmed its determination to promote the internationalisation of the Chinese yuan. In the 2017 yuan internationalisation report posted on its official...

Bloomberg Says China’s Economy Already World’s Largest

Bloomberg View columnist Noah Smith says China has already emerged as the world's largest economy when its GDP is measured in purchasing power parity...

Xi Jinping Warns Against Property Speculation in 19th National Congress Report

In an over three hour-long work report delivered on the opening day of the 19th National Congress of the Chinese Communist Party, President Xi...

Foreign Exchange Chief Says Opening Up of China’s Finance Sector Remains Strategic Imperative

One of China's senior-most central bank and foreign exchange officials has reiterated the importance of opening up the country's financial sector, while also flagging...

Net Liquidity Injections Via Reverse Repos Hit One Month High with 300 Billion Yuan in Sales

The Chinese central bank has taken one day liquidity injections via reverse repos to a month-long high via 300 billion yuan in sales. The People's...

IMF Calls for China to Gradually Wind Down Economic Stimulus

The International Monetary Fund has lifted its growth forecasts for the Asia-Pacific region, as well as called upon China to gradually withdraw from loose...

Will China Restrict the Role of Free Markets in the Era of “Xinomics?”

Overseas analysts see the Xi Jinping administration reducing or corralling the economic role of free markets during the incumbent president's second term in office...

CCP Sees 19th Party Congress Opening “New Frontier” for Socialism with Chinese Characteristics

On the opening day of the 19th National Congress of the Chinese Communist Party in Beijing, the flagship news publication of the CCP has...

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