CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI China Press Digest Aug 22: Sino-US, Foreign Firms, A Share

MNI (Singapore)
MNI (Beijing)

Highlights from Chinese press reports on Tuesday:

  • China can jointly safeguard international trade rules and ensure the stability of global supply chains with the US, according to Premier Li Qiang. Li, speaking at a US-China Business Council event, said China would continue opening up and demonstrate global responsibility as a major country. Policymakers would continue to expand market access for foreign firms, promote fair competition and protect IP rights, Li said. US officials said they support the development of healthy and stable US-China bilateral relations and economic and trade cooperation between the two countries. (Source: 21st Century Business Herald)
  • China will improve visa issuance, increase the supply of services and implement preferential tax policies for foreign-funded projects, according to a statement from the Ministry of Commerce (MOFCOM). The ministry recently met with 80 representatives of foreign-funded enterprises and business associations to understand how China can improve the business environment for foreign firms. MOFCOM also held a press conference where Assistant Minister Chen Chunjiang said China would expand services trade through deepening international cooperation and create new growth points for service exports. (Source: Securities Daily)
  • Share buybacks spurred by policy support may help to halt the downward trajectory of the A-share market. According to Wind, in the month to Aug 21, at least 151 listed companies have issued share repurchase announcements. A wave of buybacks may signal the market has bottomed as listed companies and financial institutions buy low. The China Securities Regulatory Commission said last Friday it will further optimise the share repurchase system to support more listed companies to stabilise and boost stock prices in this way. The Shanghai Stock Exchange Index recently fell below 3,100 points and the ChiNext Index dropped below 2,100 points, hitting a three-year low. (Source: 21st Century Business Herald)
Policy NewsHomepageAPACChinaPolicy StoryStoryRegion
True
Policy NewsHomepageAPACChinaPolicy StoryStoryRegion
True

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.