Chinese Commerce Ministry Official says they will roll out new policies in a timely manner; they will support foreign firms in boosting consumption and government procurement
This statement from the Chinese Commerce Ministry signals a supportive stance towards foreign firms amid ongoing trade complexities.
FX Expiries for today's NY Cut: EUR and JPY in focus
Chinese Commerce Ministry Official says China and the US maintained communication at various levels following the leaders' summit in South Korea
Chinese Commerce Ministry Official says they will roll out new policies in a timely manner; they will support foreign firms in boosting consumption and government procurement
South Korea's Welfare Minister says they will discuss a review of the pension fund's portfolio amid high FX volatility
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- There are still many favourable conditions for developing foreign trade.
- Opportunities and challenges coexist.
The emphasis on boosting consumption and government procurement suggests potential easing of barriers or incentives, which may enhance investment sentiment in the region. Traders should watch for implications on related equities and commodities, considering the mixed sentiments of opportunities and challenges.
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