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Showing 1 - 10 of 100+ results for "Beijing"

Chief economist update: Thank you, my frenemy

BENJAMIN ONG  |  THURSDAY, 24 JUN 2021
... into its shores remain in place. But looking at Australia's trade stats, one would be forgiven for believing that Beijing and Canberra have kissed and made up and let bygones be bygones. Preliminary estimates by the Australian Bureau of Statistics ...

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG  |  MONDAY, 21 JUN 2021
... (er, central command) ordered. At the opening of the fourth session of the 13th National People's Congress (NPC) in Beijing on the 5th of March this year, Chinese premier Li Kequiang 2021's GDP growth target of over 6%. This compares with consensus ...

Chief economist update: Iron ore is the glue that binds China and Australia

BENJAMIN ONG  |  TUESDAY, 11 MAY 2021
... What's not so good for Brazil is heaven sent for Australia. Despite the escalation of diplomatic and trade tensions between Beijing and Canberra, China cannot get enough of Australia's biggest commodity export. Australian Bureau of Statistics' ...

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
... that's reaping most of the benefits - despite Australia's brewing diplomatic, political and trade tensions with Beijing - and because Brazil's pre-occupied with battling the still rising cases of coronavirus infections within its shores. ...

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... the full benefits of elevated iron ore prices because of the ongoing diplomatic and trade tensions between Canberra and Beijing, which has already prompted China to impose import restrictions on Australian products. The latest international merchandise ...

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
... accounts for around 50% of total world iron ore exports - had it not been for the on-going diplomatic tensions between Beijing and Canberra sparked by that tiny micro-organism. As such, China had imposed trade restrictions, quotas, bans or whatever on ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
... announced this target growth rate at the opening of the fourth session of the 13th National People's Congress (NPC) in Beijing on March 5. Many a time, China's annual economic growth target had been considered too high/ambitious by economists ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
... decision came following the Chinese currency's fall beyond the psychologically important level - and the threshold Beijing authorities are willing to tolerate before intervening - to an 11-year low of 7.1087 in August 2019. To be sure, America's ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
The All Ordinaries index finished 2020 with a gain of 0.7%. Nothing to write home to mother about, especially compared with the 16.3% and 16.0% surge in the S&P 500 and the Nikkei-225, respectively, over the same period. However, the local bourse's ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... weeks earlier ... right down to the risk to the outlook: "The simmering diplomatic and trade tensions between Canberra and Beijing constitute a major downside risk". This compares with the MYEFO's, "Recent trade actions affecting Australia's ...
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