• News
    • Stocks
    • Banks and Finance
    • Companies
    • Crypto
    • Forex
  • Videos
  • Articles
    • Forex CRM
    • Crypto Payments
    • Trading
    • Crypto Exchange Business
    • Forex Business
    • Fintech
    • Liquidity
    • FinTech Awards
  • Liquidity Providers List
  • Crypto Payment Providers

Dark Theme

China Made Pro-Market Promises. Here’s What Analysts Are Saying.

Mar 21, 2022

China Made Pro-Market Promises. Here’s What Analysts Are Saying.

For months, Chinese markets have been pounded by headwinds such as Covid-19 outbreaks, US delisting fears, crackdowns on a variety of local enterprises, an implosion housing market, and Beijing's ally Russia's continuous assault of Ukraine.

The Chinese government has had enough. They met on Wednesday to form the Financial Stability and Development Committee, which is controlled by China's cabinet, the State Council. What resulted were extensive pledges of assistance for China's ailing economy.

According to the official Xinhua News Agency, the conference decided, "Monetary policy should take the lead to deal with the issue, while new loans should maintain an acceptable expansion."

Vice Premier Liu He, who chairs the committee, made the statements, which sparked a strong rise in stock prices. He promised, among other things, that China will "boost the economy in the first quarter" and implement "market-friendly policies."

In China's inner circle, Liu is undoubtedly the most influential economic voice. President Xi Jinping was a boyhood buddy of his, and he graduated from Harvard University . During the trade dispute with the United States, he was in charge of China's negotiations.

Analysts and economists have reacted to China's announcements as follows:

— “Liu His statements have a lot of weight behind them. "We anticipate the government to disclose more pro-market news one by one," said Iris Pang, ING Wholesale Banking's head economist for Greater China.

— "We are expected to see more specific policies roll out in the coming weeks," said Hao Hong, general director of BOCOM International, a subsidiary of the Bank of Communication.

"The verbal intervention has been quite forceful," said Raymond Yeung, chief economist for Greater China at ANZ Bank. Liu He's message has never been more clear: the Chinese government favors a stable capital market over a tumultuous one."

— "We regard the action as a circuit breaker following the stock market's downward spiral, and it's largely in line with our expectations for accommodating policy in the run-up to the 20th Party Congress," said Kinger Lau, Goldman Sachs' senior China equity analyst.

"We feel that more substantial policy follow through would be required to pull the equity risk premium down from its lofty levels," Lau added.

— "I'd put money on the government wanting China's IT industry to continue developing and competing worldwide," said Tariq Dennison, a fund manager at GFM Asset Management in Hong Kong.

"Removing Chinese businesses from U.S. markets is certainly a negative here," Dennison added, "but it's not a full barrier if international investors can still benefit freely from shares listed in Hong Kong or through Stock Connect."

Subscribe Our Newsletter

Cryptocurrencies Tumble As Coronavirus Variant Shakes Markets
Cryptocurrencies Tumble As Coronavirus Variant Shakes Markets

After the discovery of a new, potentially vaccine-resistant coronavirus type, investors dumped riskier assets for the perceived safety of bonds, the yen, and the dollar, Bitcoin fell almost 9% on Friday, bringing smaller tokens down with it.

Crypto
Morning Brief: From Stock’s Ups and Downs to Oil and Gas Prices
Morning Brief: From Stock’s Ups and Downs to Oil and Gas Prices

Oil rose 4% to roughly $124 per barrel, considerably below the $130 level reached Sunday night in response to threats of a ban. Much of the anticipated drop in oil production has already been reflected in the commodity's price.

Stocks
Liquidity Provider

What is Initial DEX Offering (IDO)?
The creation of the initial DEX offering (IDO), one of various unique means of fundraising, is a result of the maturity of the cryptocurrency market as a whole.

discover
Top-5 Liquidity Providers 2021

Liquidity Provider

Top-5 Liquidity Providers 2021

Let's find out what are the main characteristics of the best liquidity providers and which 5 of them are be the best in 2021.

Liquidity

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries b2broker

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Alexander

    Full Bitcoin Price History: From 2009 to 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-11-300x203.png

    Constantine

    Top 5 Most Reliable KYC Technology Providers

    https://liquidity-provider.com/app/uploads/2023/01/cover-10-300x203.png

    Alexander

    The Best Crypto Wallets of 2022: Top 5 Picks

    https://liquidity-provider.com/app/uploads/2023/01/cover-2-300x203.png

    Alexander

    Top 5 Most Reliable Forex Brokers of 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-1-300x203.png

    Constantine

    5 Top-Tier Breakthrough Trading, Crypto and Fintech Industries Software Solutions in 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-300x203.png

    Constantine

    5 Most Successful FinTech Industry Startups in 2022

    https://liquidity-provider.com/app/uploads/2022/12/cover-300x203.png

    Constantine

    Top 7 Liquidity Providers of 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-3-300x203.png

    Alexander

    Top 5 Crypto Exchanges of 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-1-300x203.png

    Constantine

    Top 5 Most Distinguished White Label Solutions in 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-2-300x203.png

    Constantine

    What is Crypto Leverage Trading And How Does It Work?

    https://liquidity-provider.com/app/uploads/2022/12/oblozhka-5-300x203.png

    Constantine

    Top 5 Most Prospective Tokens in the Metaverse.

    https://liquidity-provider.com/app/uploads/2022/12/cover-7-300x203.png

    Constantine

    How to Mine Bitcoins? – Beginners Guide

    https://liquidity-provider.com/app/uploads/2022/11/cover-5-300x203.png

    Oliver

    Blockchain for Business. Pros & Cons

    https://liquidity-provider.com/app/uploads/2022/11/oblozhka-1-300x203.png

    Constantine

    The Future of Stablecoins and Central Bank Digital Currencies (CBDCs)

    https://liquidity-provider.com/app/uploads/2022/11/cover-3-300x203.png

    Alexander

    What is Web 3.0 and Why Does it Matter?

    https://liquidity-provider.com/app/uploads/2022/11/cover-1-300x203.png

    Constantine

    5 Benefits of Accepting Crypto Payments for Your Business

    https://liquidity-provider.com/app/uploads/2022/11/cover-300x203.png

    Constantine

    Hot Wallet vs Cold Wallet: Which Do I Need More for Crypto?

    https://liquidity-provider.com/app/uploads/2022/11/oblozhka-5-300x203.png

    Alexander

    What is Hedging and How Does it Work in Trading? — Ultimate Guide

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-4-300x203.png

    Oliver

    Pre-execution vs Post-execution: What’s the Difference?

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-1-300x203.png

    Constantine

    What is Slippage in Trading? – Definition

    https://liquidity-provider.com/app/uploads/2022/10/shapka-1-1-300x203.png

    Oliver

    How Forex Brokers Make Money? – A-Book vs. B-Book Model

    https://liquidity-provider.com/app/uploads/2022/10/shapka-2-300x203.png

    Oliver

    What is the Ethereum Merge, And How Will it Change Ethereum?

    https://liquidity-provider.com/app/uploads/2022/10/shapka-1-300x203.png

    Alexander

    How to Spot Cryptocurrency Scams

    https://liquidity-provider.com/app/uploads/2022/10/shapka-300x203.png

    Milena

    Exploring the Metaverse: What Does It Mean for the Future of the Internet?

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-300x203.png
    • News
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
    • Articles
      • Forex CRM
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
    [email protected]

    © 2023 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy