Chief China Economist, UBS
Founding Partner, FreeS Fund
Deputy Managing Editor and Editorial Board Member, Caixin Media
Deputy General Manager, Caixin Global
- Macroeconomic policy responses and growth prospects
- Risks and opportunities from an investment perspective
- Implication for global trade, supply chain and world economy
Wang TaoChief China Economist, UBS
Li FengFounding Partner, FreeS Fund
Huang ShanDeputy Managing Editor and Editorial Board Member, Caixin Media
Li ZengxinDeputy General Manager, Caixin Global
China’s central bank plans to lend 300 billion yuan ($42.6 billion) in cheap funds to banks, encouraging them to provide low-interest loans for struggling companies on the frontlines of the battle against the new coronavirus.
Chinese companies have wasted no time taking advantage of a “green channel” created to fast-track bond sales by businesses needing money to fund operations related to the Covid-19 epidemic or who are suffering liquidity pressure stemming from the coronavirus outbreak.
Yao Tong, a quality inspector at Foxconn’s factory in Shenzhen, never expected his Lunar New Year holiday to drag on for 44 days when he headed home to Hunan in January. Like most of China’s millions of migrant workers, he thought it would be just another week-long family celebration.