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...“We do no work, and to the best of my knowledge never have, for the Chinese Communist party or for the central government in China,” he said on February 6....
...The central government purchasing office this month also said limited purchases of Intel- and AMD-powered computers could continue, provided departments “comply with relevant management procedures”....
...In this year’s budget report, China’s central government vowed to “firmly prevent any increase in hidden government debt and steadily address existing hidden debts”....
...On international bond markets, Chinese companies, banks and government borrowers have issued $26bn this year, slightly above last year’s $24bn but otherwise the lowest level since 2016....
...The recommendations in a book by the Urban China Initiative, commissioned by the Chinese government’s central planning agency, were among dozens of policies it proposed to boost the country’s technological...
...age for many Chinese officials....
...The Chinese Communist party created a fulcrum, and inflation-targeting central bankers created a “lever long enough”, through interest rate policy and the extension of their own balance sheets, to “move...
...But analysts said the warnings, from the US and Japan in particular, only highlighted the limited chance that their governments would intervene....
...Bob Sternfels, McKinsey’s global managing partner, told a US Congressional hearing earlier this month that the firm had never worked for the Chinese central government. Read more here...
...This government support was coming as Chinese companies were becoming globally competitive in areas such as automotives, giving them an added advantage against international rivals, he added....
...Read more on the president’s push to raise prices on imported Chinese steel and what it could mean for the election....
...Inspection and the government’s National Supervisory Commission said in a statement....
...McKinsey claimed in marketing materials that it had advised the Chinese central government on boosting domestic consumption and reforming healthcare policy....
...government”....
...But there remained a risk that labour disputes in the auto sector could “snowball” and draw the attention of the central government in Beijing....
...A further 19 regions have been encouraged to report their most indebted cities, so the central government can work out further debt reduction plans....
...China says its total central and local government debt is less than 51 per cent of GDP....
...“The government can’t expect investors to buy in with such wishy-washy measures.” Wang added: “The longer the government waits, the higher the cost.”...
...As their biggest shareholder, the central government stands to benefit from higher valuations and larger dividends....
...“So to me, that’s a signal that the central government understands the challenge.”...
...The tighter grip of party controls since the Chinese government’s overhaul of the financial regulatory regime adds another layer of complexity....
...While local governments such as Shenzhen are eager to increase exports to support the local economy, China’s central government has indicated the country should take a more cautious approach....
...Take a break from the news V-necks have been verboten for as long as most of us can remember, writes Teo van den Broeke....
...Spheres of competition between Russia and China remain, particularly in Central Asia....
...Moreover, given the financial difficulties of local government, this will also mean a bigger role for central government spending. China needs a new macroeconomic strategy....
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