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U.S. Treasury Secretary Bessent said he does not want market participants trading headlines in illiquid markets.

2026-08-20

U.S. Treasury Secretary Bessent said he does not want market participants trading headlines in illiquid markets.

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2026-08-20

Shanghai municipal government office issued the city’s ‘15th Five-Year Plan’ for urban renewal and housing development, directing accelerated lifeline infrastructure safety projects. The plan calls for distributed sitting of key facilities, energy an

Shanghai municipal government office issued the city’s ‘15th Five-Year Plan’ for urban renewal and housing development, directing accelerated lifeline infrastructure safety projects. The plan calls for distributed sitting of key facilities, energy and water sources, tighter disaster-resilience standards and comprehensive infrastructure risk inspections. It mandates retrofits of aging gas, water-supply/drainage and power distribution networks, continued remediation of stormwater-sewage cross-connections and establishment of long-term management mechanisms. The plan also accelerates upgrades to urban sewage collection, treatment, reuse and sludge-processing facilities and the establishment of integrated build-and-operate mechanisms for treatment plants and stations. Target: 300 km of overhead-line burial and pole-box remediation to be completed by end-2028.
2026-08-20

China's one-year loan prime rate as of August 20 was 3%, as expected and unchanged from the previous value of 3.00%.

China's one-year loan prime rate as of August 20 was 3%, as expected and unchanged from the previous value of 3.00%.
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