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Showing 11 - 20 of 95 results for "Politburo"

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
"I guess it also rings a bell for some countries, which are still struggling to fight COVID-19, that without strict measures, the virus won't be fended off. We fought hard, this is our payback." Zhang Yong, a small taxi company owner in Wuhan, is ...

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
"Sweet days of summer, the jasmine's in bloom July is dressed up and playing her tune... Summer breeze, makes me feel fine, blowing through the jasmine in my mind" -Summer Breeze, Seals and Crofts It was expected. China was first in. It was the ...

Chief economist update: Second waving, not drowning

BENJAMIN ONG  |  TUESDAY, 7 JUL 2020
While we, Australians all, remain glued tracking the mounting cases of infection in Victoria - one that has prompted the New South Wales government to close its borders with its neighbour south of the Murray River for the first time since the Spanish ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
... China (PBOC) were rolling out stimulus measures (and continue to do so). China's draconian measures enabled the Politburo to contain the spread of coronavirus infections and end Wuhan's lockdown in less than two months that, in turn - and supported ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
The COVID-19 pandemic was both a curse and a blessing (for lack of a better word) for China's Politburo. Social restrictions and lockdowns imposed by the powers-that-be to contain the virus sent the economy plunging 6.8% in the year to the March ...

Chief economist update: Australia needs China more than it needs us

BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
"You don't mess with the Zohan." Or in Australia's case, don't mess with the Politburo. It's only been weeks since Australia called for an inquiry into COVID-19, offending China and sending it into retaliation mode - Beijing banned beef ...

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... China's having. Then again, China's restrictions were the "dracon" of all draconian restraints, enabling the Politburo to quickly bring the rate of infections and deaths under control. Opening up prematurely runs the risk of a relapse, infections/deaths ...

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
... decelerate right down to a 3.5% crawl speed - quickly dismissed because of the widely-acknowledged reality that the Politburo's growth target is sacrosanct - it has to be met by hook or by crook or by faking... or heads will roll. Chopped heads would ...

First in first out?

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
... repo rate by 20 bps to 2.2% on 30 March and pledged to use multiple policy tools to maintain market liquidity. China's politburo announced that it would introduce more policies and measures to mitigate the fallout from the coronavirus' infection. They ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... is expected to follow its brethren when its Board meets next. Then there's the People's Bank of China and the politburo which had been providing stimulus measures even before the coronavirus became a pandemic. However, the continuing and deepening ...