-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI China Press Digest: Thursday, Dec. 14
BEIJING (MNI) - The following are highlights from the China press for
Thursday, Dec. 14
The reform movement to push mixed public-private ownership and
restructuring of state-owned enterprises will accelerate in 2018, the Economic
Information Daily reported Thursday. Regulators will enhance controls on SOE
funding, particularly for companies run by the central government. The new round
of mixed-ownership reform will focus on monopoly sectors including oil, gas and
railways, the report said, adding that sectors suffering excess capacity, such
as steel, coal and electricity generation, are also main targets. In the next
three years, deleveraging of SOEs finances will be stressed, which will impact
the overall level of fixed-asset investment, the report noted. (Economic
Information Daily)
The momentum to tighten regulation of the asset management sector will not
change and regulators will remove asset management risks in an orderly and
steady manner, the Financial News, a journal run by the People's Bank of China
said in a commentary Thursday. Vested interest groups are trying to obstruct the
launch of the new regulations with the excuse that the new rules would cause
systemic risks, the commentary warned. Financial institutions will suffer some
short-term pain under the new regulations, and even see their asset management
businesses shrink, but regulators will not change course considering the
excessive financial market volatility that was triggered by the messy asset
management sector in recent years, the commentary stressed. (Financial News)
China cannot simply follow the U.S government tax cut with one of its own,
as the country needs strong fiscal support and should maintain operating
efficiency improvement of state-owned enterprises as the top priority, the
Securities Times reported Thursday. China needs to increase its productivity and
maintain low aggregate costs to compete with the U.S, the report said. The U.S
can issue government bonds to supplement fiscal shortages and transfer crises,
but China can not. Chinese companies need to improve their core competitiveness
and should not rely on a tax cut, the report noted. In practice, China has
reduced its taxes by replacing the business tax with a value-added tax (VAT) and
removing many administrative fees, the report argued. (Securities Times)
--MNI Beijing Bureau; +86 (10) 8532 5998; email: marissa.wang@marketnews.com
--MNI BEIJING Bureau; +1 202-371-2121; email: john.carter@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MBQ$$$]
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.