Sporadic Signs of China Opening Up

Tomorrow’s Headlines Today 09/28/2022

If you are a new reader, please read this.

All Quiet on the Party Front

Sporadic Signs of China Opening Up

PBoC Continues to Inject Billions of RMB Liquidity

China Began to Defend the RMB…Kind of

New Measures to Stimulate Consumption

Tesla China Offers Rare Promotion

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All Quiet on the Party Front

Chinese media remains eerily quiet about the upcoming Party Congress on October 16.

Qi’s take: A very sensitive topic indeed. If you’d like to know my personal thoughts on what may happen and what to watch for, please upgrade to the paid subscriber now to receive my private email.

Sporadic Signs of China Opening Up

Signs suggesting China is ready to open up:

• China recently reduced the inbound quarantine requirement from 14+7 to 7+3.

• Hong Kong removed the hotel quarantine requirement altogether, with a full opening on the way. This was likely approved by Beijing.

• Macau announced that it’s open for business – to Chinese tourist groups that is. The Las Vegas of China could not have done this without China central government support.

• The Formula 1 Race returns to China April 2023, after three years of absence.

• The 2021 Summer University Games will be held in Chengdu in July-August 2023. Time travel.

• The city of Beijing announced the re-opening of all entertainment venues.

• Etc.