FAO Global

06/28/2022

This is a significant first step that will start to improve business ties. However, expect enforcement of local policies to conflict for a time being as officials test out the new policies.

Travellers will now have to spend seven days in a government-run facility, plus three days in home isolation.

06/24/2022

Balancing a zero covid policy with business interests is challenging and and a middle ground is the most likely outcome to hope for. Expect to see tax subsidies and special exceptions to quarantine discussed.

China asked foreign business chambers in Hong Kong how to revive the isolated financial hub’s economy in unprecedented listening sessions weeks before new leader John Lee takes office, according to multiple people familiar with the matter.

06/23/2022

Production and purchases came to anstop during the recent lockdowns in . Respurring adoption through tax incentives & policy is may bring short term respite.

The tax cuts could spur consumers to spend an extra US$29.8 billion on EVs, which could help the industry regain momentum after output fell by 1 million units in April due to pandemic related curbs.

06/21/2022

Many companies are adapting a "wait and see" approach to expansion but the most competitive have already identified the opportunities and contingencies that may present themselves. FAO Global partners with multinational firms to plan for expansion.

Companies shelve listing plans amid Ukraine war and monetary tightening

06/20/2022

Despite significant issues in real estate company defaults, property is picking up in certain regions. This may precede growth in regions less impacted by ’s Zero Covid Policy.

Chinese Overseas Land and other mainland developers jumped as traders bet on wider easing measures. Local authorities in Zhengzhou and Wenzhou unveiled measures to ease down payments on home sales.

06/18/2022

High yields combined with a government that is eager to restart the economy made these bonds a hot commodity.

Investors snapped up the biggest batch of offshore yuan Chinese government bonds of 2022, with the 7.5 billion yuan (US$1.1 billion) issuance receiving more than four times the amount of notes on offer.

06/16/2022

policy makers are stepping up efforts to restart sectors of the Chinese after continued lockdowns have tempered appetite.

China's state planner said on Thursday it had approved 10 fixed-asset investments worth 121 billion yuan ($18.1 billion) in May, a more than six-fold jump from April, as policymakers seek to get economic growth back on track after a COVID-induced slump.

06/16/2022

US attitudes against Chinese access to capital markets doesn’t stop growth, it only shifts these opportunities to European and alternative markets.



https://www.scmp.com/business/china-business/article/3181864/chinas-new-energy-firms-turn-european-markets-capital-us

06/14/2022

It’s difficult to enact invesment restrictions without full support of congress and the executive office. Although the trend is gaining momentum, recession fears may halt this legislation.

A bipartisan group of U.S. lawmakers said on Monday they had agreed on a proposal to give the government sweeping new powers to block billions in U.S. investment into China, though the measure is part of a broader bill with an uncertain future.

06/08/2022

Ant Group, the financial technology giant controlled by Chinese billionaire Jack Ma, announced on Monday that it will launch a digital wholesale bank incorporated in Singapore.

06/08/2022

Financial service decision makers in China will need to be fully aware of what is in (and what is not) in the proposed regulations.

China's proposed cybersecurity rules for financial firms could pose risks to operations of western companies by making their data vulnerable to hacking, among other things, a leading lobby group has said in a letter seen by Reuters.

05/21/2022

Production strategy may be ramping due to pent up consumer demand.

The iPhone maker has told some of its suppliers that it wants to boost production outside China, citing Beijing’s strict anti-Covid policy among other reasons, and is giving India and Vietnam a closer look, people involved in the discussions said.