Graham Allison bucks a trend among analysts warning of worsening ties between the world’s biggest economies, and he does not see Donald Trump as a China hawk.
Capital grant funding will be doled out to worthy applicants as China rallies nation’s engineering brainpower to boost indigenous tech for home-grown planes.
For companies that have reached the upper limit of overseas financing, a relaxation may be welcome, but the move’s effectiveness remains unclear as rate spread with US dollar widens.
Even some less-visited places around Shanghai are gaining popularity, but the language barrier, pollution and internet censorship may still deter some visits.
Other priorities set out at meeting include strengthening supply chains, more fiscal backing for tech-focused start-ups, and more aid to businesses facing difficulties.
Institutions are being warned as bearish investor sentiment, and an expectation of lower interest rates, continue to make the bond market a sought-after haven.
China’s shipyards are set to be the main beneficiaries of a wave of new orders as their South Korean competitors adopt a more “cautious” approach, according to ING.
Hu Deping, son of a late former liberal leader, calls for rethink inspired by Nobel Prize-winning research and better protection for private enterprises.
At this ‘critical stage of transformation’, with outsized challenges mounting, adherence and commitment to policy choices is said to be as important as ever.