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On July 1 the Chinese Foreign Ministry said China will unswervingly advance high-level opening-up, maintain a stable policy environment and rely on technological innovation to boost competitiveness. The ministry highlighted China’s rise to 12th in th

2026-07-01

On July 1 the Chinese Foreign Ministry said China will unswervingly advance high-level opening-up, maintain a stable policy environment and rely on technological innovation to boost competitiveness. The ministry highlighted China’s rise to 12th in the IMD 2026 global competitiveness ranking (Hong Kong 2nd) and said China will expand market access and share technological innovation outcomes with other countries.

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2026-07-01

After New Delhi removed taxes on foreign investors, Indian bonds accessible to unrestricted global investment drew record inflows. Data from India’s clearing house show foreigners bought 418 billion rupees (about $4.4bn) via the fully open channel la

After New Delhi removed taxes on foreign investors, Indian bonds accessible to unrestricted global investment drew record inflows. Data from India’s clearing house show foreigners bought 418 billion rupees (about $4.4bn) via the fully open channel last month, nearly double the prior record of 239 billion rupees in Aug 2024. Persistent inflows should lower government borrowing costs and help support the rupee amid a stronger dollar. ANZ economist Dhiraj Nim said a mix of the tax cut, currency stability, pushed-out rate-hike expectations and reduced fiscal risks have encouraged foreign buying, but warned inflows could fade if global financial conditions tighten and US rates remain high. The flows mark a rebound after months of weakness; Indian equities outperformed other emerging markets in June and the rupee was the second-best performing Asian currency that month.
2026-07-01

Fed Chair Kevin Warsh said if the Fed can meet its price-stability goals, his optimism about US growth potential is unprecedented.

Fed Chair Kevin Warsh said if the Fed can meet its price-stability goals, his optimism about US growth potential is unprecedented.
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