Yuan to gain as greenback loses luster: China Daily
December 18, 2020
Dovish signals emanate as US Fed decides to continue asset purchases
The Chinese Yuan is expected to gain further strength as a weakening US dollar will increase the appreciation pressure on other currencies and financial assets, experts said on Thursday. Click here to read...
Optimism returns for China's economy: China Daily
December 18, 2020
Despite the COVID-19 pandemic dealing a severe blow to the global economy in 2020, vaccine developments have fueled optimism about global growth. And although major uncertainties remain about the speed of global vaccine rollout, we (at Oxford Economics) anticipate a sustained relaxation of social distancing in 2021, and thus a rebound of economic activity worldwide. Click here to read...
China speeds up establishment of new, modern industrial system: People’s Daily
December 18, 2020
During the 13th Five-Year Plan period (2016-2020), China has given strong impetus to supply-side structural reforms and accelerated the establishment of a new modern industrial system that features a great capacity for innovation, excellence in product quality and service, and synergistic coordination, and is friendly to the environment. Click here to read...
EU agrees ‘in principle’ to an investment agreement with China: South China Morning Post
December 18, 2020
The European Union has agreed “in principle” to an investment agreement with
China, a high-level diplomatic source in Brussels told the South China Morning Post on Thursday, in what would be a big win for Beijing in the face of tattered relations with the US. Click here to read...
Coronavirus: China to vaccinate 50 million people for Lunar New Year: South China Morning Post
December 18, 2020
China is ramping up to vaccinate 50 million people against the coronavirus
before the start of the peak Lunar New Year travel seasonearly next year. Click here to read...
India changes attitude toward multilateral mechanisms for its global ambition: Global Times
December 17, 2020
India's mentality toward multilateral mechanisms has been changing. The trend is particularly obvious this year. On the one hand, New Delhi hopes to become a leading force to reshape the current international order. On the other hand, its multilateral diplomacy has increasingly become pro-West and Sinophobic. India is less interested in multilateral mechanisms where China plays a leading role. Click here to read...
