China Press Review – March 7, 2022

China sets lowest growth target in 30 years as Ukraine fallout looms: China unveiled a growth target of about 5.5 per cent, its lowest in three decades, as Beijing seeks to buttress its economy after a sharp loss of momentum in 2021 and fallout from Russia’s invasion of Ukraine. 

China Press Review – March 4, 2022

Ukraine outcry and Covid chaos overshadow Xi’s celebrations: Just a few weeks ago it seemed that the last Chinese parliamentary session of President Xi Jinping’s second term in office would be a congratulatory affair, where his administration could brag about the success of its Covid containment policies while focusing on efforts to shore up an economy hit by its worst property downturn in years.  

China Press Review – March 2, 2022

Four Questions Regarding the Chinese Economy:
China’s economy decelerated sharply toward the end of 2021 and at the start of the new year it was growing at about 4 percent.

China Press Review – March 1, 2022

China’s 2021 GDP surpasses 114 trillion yuan: NBS (about $18.1 trillion) in 2021, registering an increase of 8.1 percent over the previous year.

China Press Review – February 25, 2022

China’s trade with Russia won’t be enough to offset sanctions, U.S. says.
In the hours after Russia invaded Ukraine, the U.S., U.K. and European Union announced new sanctions aimed at isolating Moscow from the global economy.

China Press Review – February 24, 2022

Biggest Consumer Trends for China in 2022 and the Foreseeable Future:
We look at some of the prominent consumer trends in China and spending patterns among its mid-to high-income groups and highlight sectors with potential for consumption growth.

China Press Review – February 23, 2022

Chinese feel imported inflation pressure, from coffee to crude to cosmetics
Price hikes at major coffee chains such as Starbucks and Luckin set off a social media firestorm, illustrating public gripes over inflation as Chinese consumers see own wages fall.

China Press Review – February 22, 2022

New China Guidelines Promote Transfer of Manufacturing to Inland Regions:
China’s manufacturing sector is set to move from the developed east coast to the country’s inland regions.

China Press Review – February 21, 2022

China’s industrial subsidies: what are they and why are they a source of tension with the West?
Subsidies are widely used by different levels of government in China to aid economic development, but they are a long-standing source of tension with the West.

China-Europe-America Youth Program will be held on 29 March

Aiming to foster the exchanges between China, the EU and America, the China-Europe-America Youth Program will be structured around 3 main themes: youth for mutual understanding between civilizations, youth for the planet, and youth for shared prosperity

China Press Review – February 18, 2022

How NPC policymakers can restore confidence in China’s economy and markets: Current stimulus measures are insufficient to boost long-term loans and investment in the real economy amid low private-sector confidence.

China Press Review – February 16, 2022

China’s Foreign Investment Information Reporting System: How Does it Work?
Foreign investors and foreign invested enterprises in China are subject to foreign investment information reporting obligations under the Foreign Investment Law, which came into effect on January 1, 2020.

The EU & China’s current state of affairs: The CAI and fields of cooperation

After a cooling down of political relations between the EU and China, will the two powers be able to develop towards mutual openness? Has the EU-China Comprehensive Agreement on Investment (CAI) gotten lost in translation, or will both parties finally reach a transparent framework in which the agreement can be ratified?

China & Belgium to continue to expand mutual openness

Chairman of the Belgian-Chinese Chamber of Commerce (BCECC), Mr. Bernard Dewit, wrote an article about Belgian-Chinese relations and how our countries remain invested in mutual cooperation and win-win benefits.

China Press Review – February 14, 2022

Slower growth and higher inflation are the hallmarks of a post-Covid world: A hot spurt for global growth is generating breathless headlines. India is on pace to be “the world’s fastest growing large economy” and France is posting its “strongest growth in 52 years”.

China Press Review – February 11, 2022

China’s social credit score – untangling myth from reality: The idea that China gives every citizen a “social credit score” continues to capture the horrified imagination of many.

China Press Review – February 10, 2022

China’s industry ministry gives itself more power over data transfers in updated rules: Regulation makes MIIT another powerful player alongside the Cyberspace Administration of China in the governance of cross-border data flows.