Policy flexibility to absorb external shocks China seems to be striving for the best but preparing for the worst in dealing with the trade stand-off with the US.The tariff truce agreed by both countries at G20 indicat...Policy flexibility to absorb external shocks China seems to be striving for the best but preparing for the worst in dealing with the trade stand-off with the US.The tariff truce agreed by both countries at G20 indicates motivation to reach a trade deal.China has committed to further liberalization and protection of IP to prevent supply chain relocations due to protracted trade friction.Pragmatists in the Trump administration appear to have gained the upper hand for the moment as worries about a fading fiscal stimulus and higher tariffs are causing a slump in the stock market.However,a deal is anything but assured.展开更多
China offers much more than the“new economy”Which industries will benefit from China’s transition to a consumptionand efficiency-led growth model?To answer this question,most people focus on the so-called“new econ...China offers much more than the“new economy”Which industries will benefit from China’s transition to a consumptionand efficiency-led growth model?To answer this question,most people focus on the so-called“new economy”,which encompasses strategic emerging industries such as new energy,new materials,biotechnology,high-end equipment manufacturing,new-energy vehicles,next-generation information technology,and energy-efficient and environment technology.The size of the new economy stood at about 15.7%of China’s GDP in 2017,according to the National Bureau of Statistics(NBS).展开更多
Grain production in China remains stable The COVID-19 outbreak,unfavorable weather during the planting season and the government’s campaign for less food wastage have raised concerns that China may be facing an immin...Grain production in China remains stable The COVID-19 outbreak,unfavorable weather during the planting season and the government’s campaign for less food wastage have raised concerns that China may be facing an imminent grain shortage.However,the Ministry of Agriculture and Rural Affairs(MARA)has provided assurances that the grain supply is secure.The total output of summer grain and the early rice output has risen by 1.3%y/y in 2020,which is the fastest in the past five years,to 170 million tons(mt).展开更多
文摘Policy flexibility to absorb external shocks China seems to be striving for the best but preparing for the worst in dealing with the trade stand-off with the US.The tariff truce agreed by both countries at G20 indicates motivation to reach a trade deal.China has committed to further liberalization and protection of IP to prevent supply chain relocations due to protracted trade friction.Pragmatists in the Trump administration appear to have gained the upper hand for the moment as worries about a fading fiscal stimulus and higher tariffs are causing a slump in the stock market.However,a deal is anything but assured.
文摘China offers much more than the“new economy”Which industries will benefit from China’s transition to a consumptionand efficiency-led growth model?To answer this question,most people focus on the so-called“new economy”,which encompasses strategic emerging industries such as new energy,new materials,biotechnology,high-end equipment manufacturing,new-energy vehicles,next-generation information technology,and energy-efficient and environment technology.The size of the new economy stood at about 15.7%of China’s GDP in 2017,according to the National Bureau of Statistics(NBS).
文摘Grain production in China remains stable The COVID-19 outbreak,unfavorable weather during the planting season and the government’s campaign for less food wastage have raised concerns that China may be facing an imminent grain shortage.However,the Ministry of Agriculture and Rural Affairs(MARA)has provided assurances that the grain supply is secure.The total output of summer grain and the early rice output has risen by 1.3%y/y in 2020,which is the fastest in the past five years,to 170 million tons(mt).