The CCP is exploiting U.S. trade talks to further its agenda; China opens up financial sector to court foreign investments

SinoInsight 1 On May 1, China Banking and Insurance Regulatory Commission director Guo Shuqing told reporters that the CBIRC is planning to introduce 12 new measures to open up China’s financial sector to bankers and insurers. Key changes include: 1. Foreign financial institutions can wholly own local banks and will not need to meet total …

Read moreThe CCP is exploiting U.S. trade talks to further its agenda; China opens up financial sector to court foreign investments

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The crisis behind China’s new hukou policy; decoding the second Belt and Road forum

SinoInsight 1 Poor financial data in April has thrown cold water on China’s technical “bull market: China stocks continued to fall this week. On April 26, the Shanghai Composite Index fell by 1.2 percent to go below the 3,100 point mark, while the Shenzhen Component Index fell by 1.28 percent. In the week of April …

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Fewer imports in Q1 point toward decreased exports in Q2; HK regulators warn about ‘complex lending transactions’

SinoInsight 1 In Q1 2019, China imported $166.025 billion worth of goods, or 4.8 percent less from the same period last year, according to China’s customs administration. Imports of electronic components, and fabricating equipment saw steep declines: Metal work machine tools (quantity of goods: -48.7 percent; value of goods: -25.1 percent) Machines and devices for …

Read moreFewer imports in Q1 point toward decreased exports in Q2; HK regulators warn about ‘complex lending transactions’

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Behind China’s ‘better-than-expected’ Q1 GDP growth; Cui Yongyuan ‘re-surfaces’ on social media

SinoInsight 1 On April 19, Xi Jinping chaired a Politburo meeting to discuss China’s economic situation, poverty alleviation work, and propaganda work. A statement released after the meeting noted that while China’s economy in the first quarter of the year grew at a rate that was better than expected, “the economy is faced with many …

Read moreBehind China’s ‘better-than-expected’ Q1 GDP growth; Cui Yongyuan ‘re-surfaces’ on social media

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China economic rebound? Major shareholders vote with their feet; CITIC subsidiary faces grave debt crisis

SinoInsight 1 According to mainland media reports, over the counter local government bonds have become very popular among investors, and are being sold at below the par value of 100 yuan as of April 17. Beijing five-year local bonds, which became available over-the-counter on April 1, are being traded at 98.53 yuan. From March 25, …

Read moreChina economic rebound? Major shareholders vote with their feet; CITIC subsidiary faces grave debt crisis

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Europe walks into the CCP’s ‘concessions trap’; Xi tightens control over political and legal affairs apparatus

SinoInsight 1 Recently, the Xi Jinping leadership has been stepping up its “sweeping black, eliminating evil” (“扫黑除恶”) anti-Mafia efforts. On April 11, Tianjin Political Consultative Conference Party chief Sheng Maolin was publicly named as group leader of the Central Committee’s No. 17 Sweeping Black and Eliminating Evil Supervisory Group. Presently, the group leaders of Sweeping …

Read moreEurope walks into the CCP’s ‘concessions trap’; Xi tightens control over political and legal affairs apparatus

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China broadens issuance of local bonds to defer crisis; two signs of rising political risk for the CCP

SinoInsight 1 On March 27, the Communist Youth League Central Committee issued an opinion on starting a youth movement to “deepen the revitalization” of rural areas. The opinion listed six main points: The movement will guide 100,000 youths to return to the rural areas to embark on entrepreneurship; The movement will groom 20,000 youths to …

Read moreChina broadens issuance of local bonds to defer crisis; two signs of rising political risk for the CCP

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Over 50% of predictions in our China 2019 outlook verified in Q1; China’s stock markets rise, but risk also rises

SinoInsight 1 China’s A-shares markets rose in the first week of April, with the Shanghai Composite Index gaining 5.04 percent and the Shenzhen Component Index going up by 5.01 percent. During the week, three of four trading days saw the combined turnover for both indexes exceed 1 trillion yuan ($148.855 billion). The positive gains in …

Read moreOver 50% of predictions in our China 2019 outlook verified in Q1; China’s stock markets rise, but risk also rises

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Huawei views America as the enemy; state and Party-owned enterprises targeted in latest anti-corruption sweep

SinoInsight 1 On April 1, Huawei’s staff community website published a speech by company founder Ren Zhengfei given at Huawei’s fourth quarter shareholders meeting on March 30. Ren made an interesting comment in his speech: “We look to learn from the advanced and strive to catch up with America. We must be the first to …

Read moreHuawei views America as the enemy; state and Party-owned enterprises targeted in latest anti-corruption sweep

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Signs show that China is preparing to sign ‘unequal treaty’; Evergrande owes over 1.5 trillion yuan in liabilities

SinoInsight 1 According to state mouthpiece Xinhua, the CCP ideological journal Qiushi will feature an article by Xi Jinping on “persevering and developing socialism with Chinese characteristics” in its seventh issue of the year that will be published on April 1. Xi’s Qiushi article will draw on a speech he gave to new members and …

Read moreSigns show that China is preparing to sign ‘unequal treaty’; Evergrande owes over 1.5 trillion yuan in liabilities

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