China is actively implementing a series of policy measures aimed at boosting exports and imports in an effort to strengthen its economy, with officials stating these measures will be expedited for quick implementation on Tuesday. Concurrently, China is initiating a clampdown on local financial asset exchanges. In a related move, President Xi Jinping has engaged with US CEOs to mend ties with American businesses. Additionally, China is focusing on phasing out Intel and AMD chips from government computers, signaling a shift towards technological self-reliance. Notably, China's Country Garden has hired Kroll for a liquidation analysis. This comprehensive approach also includes efforts to enhance currency cooperation with Asian economies, as highlighted by the People’s Bank of China Governor, to promote regional financial stability.
China has been exploring a new set of policy measures aimed at spurring exports and imports, and will expedite the implementation of these measures as soon as possible, officials said on Tuesday. #trade #economy https://t.co/l3qd5P4zjh
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China kicks off clampdown on local financial asset exchanges. https://t.co/MDGyg64hBS
China's Country Garden hires Kroll to carry out liquidation analysis, sources say https://t.co/iqV5VTS9ce https://t.co/NnVbmr7Rc1
1/3 According to China Daily, "China has been exploring a new set of policy measures aimed at spurring exports and imports, and will expedite the implementation of these measures as soon as possible, with the goal of consolidating the foundations of... https://t.co/VaHcIlllP6
Xi Jinping meets US CEOs as American businesses seek to mend China ties https://t.co/h9F002l1kT via @ft
Will Xi’s manufacturing plan be enough to rescue China’s economy? https://t.co/KZIsR1IYvH
China Reportedly Phasing Out Intel, AMD Chips From Government Computers https://t.co/WwsNQMqWCU