Victorinox returns to CIIE with optimism about Chinese market (China Daily)
2021-11-10

Swiss Ambassador to China: We have our best companies present at CIIE (China Daily)
2021-11-08

Switzerland's Domaco eyes growth in China's health, food supplement business (Xinhua)
2021-11-08

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Xi's speech at APEC summit injects new momentum into building Asia-Pacific community with shared future (Xinhua)
2021-11-11

Xi Jinping, speaking at APEC, pledges market reforms in bid to join Asia-Pacific trade bloc (SCMP)
2021-11-11

PLA at China-India border has upgraded logistics to brave winter (GT)
2021-11-09

Chinese envoy calls for time and space for goods offices to play out in Ethiopia (Xinhua)
2021-11-09

US urges Beijing to release jailed citizen journalist Zhang Zhan (SCMP)
2021-11-09

China delivers largest, most advanced warship to Pakistan (GT)
2021-11-08

Why Angola struggles to shake off its economic dependence on China (SCMP)
2021-11-08

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China approves trials on using mRNA vaccine as booster shot (SCMP)
2021-11-12

Singles Day, "Double Eleven", shopping spree... (Xinhua)
2021-11-12

Chinese Communist Party resolution cements Xi Jinping's leadership, putting him on par with Mao, and paves way for legacy-defining third term (SCMP)
2021-11-11

CPC plenum passes landmark resolution (Xinhua)
2021-11-11

China's path to common prosperity puts pressure on private enterprise (SCMP)
2021-11-10

Ministry of Justice sets out rules for relatives (China Daily)
2021-11-10

China's new J-16D electronic attack jet joins combat training with other warplanes (SCMP)
2021-11-09

China issues circular on further prevention, control of pollution (China Daily)
2021-11-08

Xi congratulates Xinhua News Agency on its 90th founding anniversary (Xinhua)
2021-11-08

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Beijing Stock Exchange to Debut Monday With at Least 81 Listings (Caixin)
2021-11-11
China's new Beijing Stock Exchange (BSE) is set to start trading Monday with at least 81 listings, according to company filings released Wednesday. All of the companies have been trading on the National Equities Exchange and Quotations, an over-the-counter market. The BSE will be the third national equity bourse on the Chinese mainland, after the Shanghai and Shenzhen stock exchanges. It was designed as a financing platform for innovative small and midsize enterprises, part of policymakers' broader strategy to strengthen support for smaller businesses and help them raise money directly from investors rather than relying on banks.

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State-owned firms spend big at CIIE (China Daily)
2021-11-10

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Lhasa group to help preserve Tibetan art form (China Daily)
2021-11-11

Pairing assistance improves medical services in China's Tibet (Xinhua)
2021-11-10

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Embassy spokesperson's remarks on The Times' article which slanders Xinjiang (China Daily)
2021-11-11

Xinjiang experts, scholars reject "forced labor" lies (Xinhua)
2021-11-08

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China's Communist Party backs Xi Jinping's firm hand on Hong Kong and Taiwan (SCMP)
2021-11-12

Hong Kong arrests three for urging voters to cast blank ballots (HKFP/AFP)
2021-11-10

'Joint enterprise' ruling by top Hong Kong court provides clarity in unrest cases (SCMP)
2021-11-09

Young people in Hong Kong losing confidence in rule of law after 2019 protests, survey finds (SCMP)
2021-11-08

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Yacht fair kicks off in Macao (Xinhua)
2021-11-12

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Beijing responds to US lawmakers' Taiwan visit with joint forces patrol (SCMP)
2021-11-10

Mainland to strive for peaceful reunification with sincerity, but leaves no room for secessionist activities: Taiwan Affairs Office (GT)
2021-11-10

US senators introduce resolution praising Lithuania for strengthening relations with Taiwan (SCMP)
2021-11-09

Is Taiwan emerging from the mists of 'strategic ambiguity'? (HKFP)
2021-11-08

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Yuan Hits Five-Year High as Exports Surge (Caixin)
2021-11-11
Surging exports and a wider yield spread have driven China's yuan to its highest level in five years. Analysts say they expect the currency to continue appreciating over the long run. The CFETS RMB Index, which tracks the yuan against 24 other currencies, gained nearly 6% this year to 100.83, near the record high of 100.84 reached Jan. 22, 2016. The index has held above 100 for two consecutive weeks. The strong yuan reflects robust exports. China's trade growth has remained well above pre-pandemic levels all year. Exports through October surpassed those for all of 2020. Shipments rose 27.1% in dollar terms last month from a year earlier to $300.2 billion. That was the 13th straight month of double-digit growth. Another factor is China's high yield spread versus U.S. Treasuries. The spread has recently been between 1.3 and 1.4 percentage points after earlier topping 2 percentage points. The high yield spread makes Chinese capital markets more attractive to investors. China's recently launched cross-border wealth management connect trial program, allowing residents of the Chinese mainland, Hong Kong and Macao to make cross-border investments, also shows more northbound capital inflow than southbound outflow. Chinese and U.S. short-term interest rates have not adjusted to keep pace with their respective economic fundamentals, said Xu Xiaoqing, chief economist of DH Fund Management Co. Ltd. China's central bank has been more cautious in exiting from stimulus toward more normal monetary policy, Xu said. Adjusting for core inflation, China's interest rates are higher while those in the U.S. are too low, making the Chinese currency's real interest rate spread against the dollar rise sharply and providing strong support for the yuan, Xu said. Although the dollar has been buoyed by the U.S. economic recovery and the Fed's reduction of asset purchases, yuan-denominated assets have increasingly acted as an investment and hedging tool, said Wang Youxin, a researcher with the Institute of International Finance at the Bank of China. Foreign investors' holdings of Chinese government bonds reached a record high last month. Offshore holdings of Chinese government bonds totaled 3.5 trillion yuan ($550 billion) at the end of October, according to data released by China Central Depository & Clearing Co. Foreign holdings of Chinese government bonds increased more than 15% since the beginning of this year, the data show. There is more buying than selling in the onshore yuan market as strong exports have led to large holdings of foreign currencies at Chinese banks, according to a foreign exchange market participant at a Chinese bank. Exporters rush to exchange foreign currencies holdings into yuan whenever there is a small dip the currency's value, providing further support for the yuan, a forex market participant at a foreign bank said. Relatively weaker imports and a decline in overseas acquisition and investment by Chinese companies have curbed demand for foreign currencies, according to a forex market participant at a Chinese brokerage. The CFETS RMB Index is expected to continue above 100 in the fourth quarter at least until early 2022, when seasonal fluctuation in trade and the dollar's strength may weaken the yuan, said Xie Yaxuan, chief macro analyst at China Merchants Securities. The growth gap between the China and U.S. economies may narrow in 2022, which may also put some pressure on the yuan, Zhong Zhengsheng, chief economist of Ping An Securities, wrote in an article. China's GDP grew 4.9% year-on-year in the third quarter of 2021, much lower than the 7.9% growth rate for the second quarter and the 12.7% growth rate for the first half of the year, official data showed. Economists project that the grow rate will slow further in the fourth quarter. HSBC Bank PLC economist Chen Jingyang forecast 4.6% growth in fourth quarter. Economists at Nomura International (Hong Kong) Ltd. predicted that economic growth will slow to 3% in the fourth quarter, with Macquarie projecting around 4%.In comparison, the U.S. economy grew at a 2% annualized pace in the third quarter, its smallest increase since the end of the 2020 recession. Economists largely say they expect the U.S. to bounce back in the fourth quarter and continue expanding into 2022. Goldman Sachs estimated 4.5% growth in the fourth quarter of 2021 and the first quarter of 2022.

China inflation: consumers set to feel 'stronger' knock-on effect of rising factory-gate prices (SCMP)
2021-11-10

China key to expansion of some markets (China Daily)
2021-11-09

Digital yuan debuts at China's import expo (Xinhua)
2021-11-08

China's central bank rolls out new lending tool for carbon reduction (Xinhua)
2021-11-08

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Prime Minister holds telephone conversation with his Russian counterpart (Montsame)
2021-11-10

Government to announce 30 strategically important enterprises required to be owned by the state (Montsame)
2021-11-10

Minister of Foreign Affairs begins official visit to Qatar (Montsame)
2021-11-09

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Embassy of Switzerland