South East Asia

Recently, the central government of China has issued a new policy on the “Opinions of the Central Committee of the Communist Party of China and the State Council on Accelerating the Construction of a Large Unified National Market (hereafter referred to as ‘Opinions’)”. The Opinions propose to speed up the establishment of a large unified national system as well as rules to promote smooth domestic demand. The capital market is very concerned with the creation of an “efficient market” and an “effective government”, particularly on how the “unified”, “efficient” and “effective” are defined and executed. There are different understandings and views on various aspects in this regard. As part of the national unified market, the capital market is generally confused about the future direction and possible trends. To ANBOUND researchers, this raises the question of balancing between an “efficient market” and “effective government” to form a unified capital market structure.

China’s economic growth targets and macroeconomic policies formulated at its annual parliamentary meetings the “Two Sessions” face the challenge of policy adjustment in just one month later.

Contrary to its claim to be an organization defensive in nature, The North Atlantic Treaty Organization has wantonly launched wars against sovereign countries

During the United Nations Security Council (UNSC) briefing on Ukraine held on Thursday, Zhang Jun, China’s permanent representative to the United Nations, ratified that his country is firmly opposed to NATO provocating bloc confrontations around the world.

Recently, the People’s Bank of China (PBoC), together with the National Development and Reform Commission (NDRC), the Ministry of Justice, the Ministry of Finance, the China Banking and Insurance Regulatory Commission (CBIRC), the China Securities Regulatory Commission (CSRC), the State Administration of Foreign Exchange (SAFE) and other relevant departments have drafted the “Financial Stability Law of the People’s Republic of China (Draft for Comment)” (hereinafter referred to as the “Financial Stability Law”), which has attracted the attention of the society and the market. The PBoC pointed out that the enactment of the law is an institutional consideration, aiming at establishing institutional arrangements for preventing, resolving, and dealing with risks, improving the long-term mechanism for maintaining financial stability, enhancing China’s financial legal system, further fine-tuning the financial safety net, and firmly guarding against systemic risks.

Russia’s war on Ukraine both reflects and deepens a global split that should remind us of Karl Marx’s famous remark: “No social order ever disappears before all the productive forces, for which there is room in it, have been developed; and new higher relations of production never appear before the material conditions of their existence have matured in the womb of the old society.” The United Kingdom already lost its particular social order—its empire—while the United States is now losing its.

“For us Ukraine is the defining moment on whether we live in a world governed by rules or by force. We condemn Russian aggression against Ukraine and support this country’s sovereignty, democracy, not because we follow the US blindly, as sometimes China’s suggests, but because it is our position. This was an important message for the Chinese leadership to hear.” — EU foreign policy chief Josep Borrell.

The fall of the U.S.-backed government in Afghanistan gave Taliban fighters access to more than $7 billion worth of American military equipment, according to data in a report submitted this week to U.S. lawmakers and confirmed by the Pentagon.