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[New Dynastie Tang, heure de Beijing, 31 juillet 2018] The trade war has made Beijing's political situation unstable and anti-study forces are anxious to move. According to the Hong Kong media, Xi Jinping will meet and convene a major event at home and abroad before the Beidaihe holiday, so that the Beidaihe meeting will continue to be "cure". Sure enough, Beijing held the Politburo meeting on the 31st, and its three major issues not only established the economic trend, but also focused on "party discipline" and "authority". basic".
Xinhua News Agency reported that on July 31, the Beijing time, Xi Jinping hosted a meeting of the Political Bureau of the CPC Central Committee. The three main themes of the meeting were: the badysis and study of the current economic situation, the deployment of economic work in the second half of the year, and the revision of the Regulation on the Measures. Disciples of the Communist Party of China.
The report states that the meeting felt that the current economic operation "is facing new problems and new challenges" and that the external environment has undergone significant changes. It is necessary to "grasp the main contradictions" and to take targeted measures to resolve them.
In the second half of the year, we must maintain the overall tone of the "stable and progressive" work of the economy, continue to promote structural reforms of the supply and launch three " big battles "to keep the economy in a" reasonable range ".
The meeting also highlighted six specific requirements, including: putting in place a "positive fiscal policy and a prudent monetary policy", strengthening "short-term advice in the infrastructure sector" and seizing "the strength and the pace "to do a good job. Take advantage of the work, continue to implement important measures to expand and open, "resolutely curb" the rise in house prices, and do a good job in "the security of people's livelihoods and social stability".
Subsequently, the report used three major paragraphs to emphasize the establishment of "four consciences" and the maintenance of "basic authority" and affirmed that "by observing discipline to avoid more d & # 39; Mistakes made by party members ". Charge. "
Finally, the report states that the meeting also considered other issues, and in general, the" other matters "of the Politburo meeting include important staffing provisions. Xi Jinping's visit abroad, the first major event was to hold a Politburo meeting and make a major policy decision to prevent Beidaihe from having another, "said the daily" Sing Tao Daily ". Discussion
The article pointed out that Beijing's main event was to study and determine the Sino-US trade war and "think unify". In addition, important staff will be finalized.
Observers pointed out that in the "research" and deployment of economic work at the conference, it was implicit to "set the tone" in response to the trade war. The so-called "targeted measures" to resolve "major contradictions" may mean that the trade war continues. The implementation of "a major initiative to increase openness and substantially ease market access" seems to imply that the United States will continue to make concessions while confronting itself in order to to seek a compromise.
As for other provisions for pursuing economic reforms, deleveraging, managing real estate, stabilizing livelihoods, etc., they only serve to emphasize what so-called "policy coherence". Empty words.
Reuters news, in order to ease the pressure of trade wars, Beijing intends to continue to increase infrastructure and liberalize local government loans.
Bloomberg said that with the recent easing of financial policy, the two-year "financial deleveraging" has only existed in name. Beijing had to embark on a new path to increase debt and continue to accumulate financial risks.
In addition, in order to mitigate the financial market turmoil caused by the trade war, the CPC Central Bank recently injected water into the market, indicating that Beijing still had than the opportunity to use the printed tickets to cope with the economic crisis.
Lu's media inventory In the first half of this year, the central bank has released more than 4 billion yuan in cash, claiming that China is about to usher in an overall price hike, including obviously housing prices.
Moreover, in addition to the stock market, the RMB exchange rate has also fallen in free fall and is now approaching the seven mark. Experts have badyzed the possibility that Beijing uses the depreciation of the renminbi to compensate for the loss. 39, the impact of the trade war, but this will bring more adverse consequences, including the increase in the Sino-US trade surplus and the triggering of more punitive punitive measures by the United States. Hong Kong media said Beijing's financial policy appears to be "active and fast" and has become chaotic.
At the present time, the CCP is facing the isolation of the international community and the strong pressure of Sino-US trade abroad: China continues to tear itself apart, the internal power of the party warms up and opens.
(Reporter Mu Feng full report / responsible editor: Ming Xuan)
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