“It probably took years to agree upon the framework and the infrastructure for this,” Mike Werner, an analyst at UBS Global Research, said of the stock link. “So to go …
Despite instructions from President Xi Jinping to resume the trading of central government bonds, China’s central bank is expected to take a cautious approach to mitigate unexpected consequences for inflation …
China has raised the technical thresholds for new energy vehicles (NEVs) eligible for tax exemptions, requiring higher driving range and energy density from mid-2024, in a move the government said …