08
2021.03
China's government work report for 2021 was released last week. From the expression of the annual economic work target, the macro policy in 2021 is somewhat tighter than that in 2020, but it is still looser than that in 2017-2019. The deficit ratio, the size of special local government debt, the central government's budgetary investment and monetary policies all reflect the decision-makers' preference for protecting economic recovery. This is positive for stabilizing financial market expectations.
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22
2021.02
Central Document No. 1 was released by the Central Government over the weekend. Although the No. 1 document of the past decade or so has been on the theme of "agriculture" or "rural areas", the emphasis varies markedly from year to year.
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08
2021.02
Since the dollar index bottomed out in early January, the short-term oversold situation has been repaired. As the massive fiscal stimulus falls and ultra-loose monetary policy continues, the outlook for global economic recovery has improved, and the dollar is set to depreciate again.
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25
2021.01
Shanghai and Shenzhen, two major cities in mainland China, have seen the first changes of this year in relation to real estate regulation policies.
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