Lan Foan, Minister of Finance, met with Nott, Chairman of the Financial Stability Board. On the afternoon of December 9, 2024, Lan Foan, Minister of Finance, met with Nott, Chairman of the Financial Stability Board, and his party by appointment. The two sides had an in-depth exchange of views on the work of the Financial Stability Board, the financial stability situation in China and the economic and financial policies of major economies. (Ministry of Finance website)Chief Economic Adviser of India: The growth rate will be 6.5-7% in FY 2025. The chief economic adviser of India said that maintaining the growth rate is still a top priority. The growth rate will be 6.5-7% in FY 2025.Another member of South Korea's ruling party said he would vote to impeach President Yoon.
The word "Jin" was elected as the Japanese Chinese character of the year in 2024. According to NHK, on the afternoon of December 12, local time, Kiyomizu Temple in Kyoto, Japan announced the word "Jin" as the Japanese Chinese character of the year in 2024. According to the report, this year's word "gold" has two meanings. One is that athletes such as Japanese Olympic athletes have performed well and issued a shining "golden light"; The second is the political black gold problem in Japanese politics and frequent robberies caused by underground part-time jobs, because the pronunciation of "gold" in Japanese, like the word "shadow", also implies the meaning of "shadow". (China News Network)Sources: The Bank of Japan tends to keep interest rates unchanged next week. Five sources familiar with the Bank of Japan's thinking said that the Bank of Japan tends to keep interest rates unchanged next week because policymakers tend to spend more time examining overseas risks and clues about salary increase next year. Any similar decision will increase the possibility that the Bank of Japan will raise interest rates at its meeting in January or March next year, when there will be more information about the wage increase next year. The source also said that there was no consensus within the Bank of Japan on the final decision, and some people in the Committee still believed that Japan had met the conditions for raising interest rates in December. This decision will depend on each member's belief in the possibility of achieving wage-driven sustained price increases in Japan. If upcoming events, such as next week's meeting of the Federal Reserve, trigger another sharp fall in the yen, thus intensifying inflationary pressure, the Bank of Japan may also agree to raise interest rates. But overall, many BoJ policymakers seem to be in no hurry to pull the trigger.Musk is going to melt the Statue of Liberty? Musk also responded to the rumors of foreign media. Recently, a screenshot appeared on the American network. The content was that CNN published a report saying that Musk, a well-known American entrepreneur, was going to melt the Statue of Liberty in the United States to make a limited edition electric pickup truck. However, Reuters later denied that the CNN report was forged. A spokesman for CNN also told Reuters that the CNN report in the screenshot was forged, and CNN had never published such a report. At present, Musk himself has responded to this matter in a teasing tone on his social platform X. Musk wrote in three posts: "No, I will melt it 1000% (Statue of Liberty)"; "With a laser eye from space"; "and then cast it again before no one notices";
Sources: The Bank of Japan tends to keep interest rates unchanged next week. Five sources familiar with the Bank of Japan's thinking said that the Bank of Japan tends to keep interest rates unchanged next week because policymakers tend to spend more time examining overseas risks and clues about salary increase next year. Any similar decision will increase the possibility that the Bank of Japan will raise interest rates at its meeting in January or March next year, when there will be more information about the wage increase next year. The source also said that there was no consensus within the Bank of Japan on the final decision, and some people in the Committee still believed that Japan had met the conditions for raising interest rates in December. This decision will depend on each member's belief in the possibility of achieving wage-driven sustained price increases in Japan. If upcoming events, such as next week's meeting of the Federal Reserve, trigger another sharp fall in the yen, thus intensifying inflationary pressure, the Bank of Japan may also agree to raise interest rates. But overall, many BoJ policymakers seem to be in no hurry to pull the trigger.Guangxi: Expand the coverage of the "white list" project and include the corresponding projects of new housing development loans. According to the news of Guangxi News Network, the General Office of the People's Government of Guangxi Zhuang Autonomous Region recently issued a notice on printing and distributing the "Measures for Promoting the Stable and Healthy Development of the Real Estate Market in Guangxi". There are 20 measures, including six aspects: implementing financial support policies, optimizing housing accumulation fund policies, strictly controlling the increment of commercial housing, optimizing the stock of commercial housing, improving the quality of commercial housing and optimizing the business environment of the real estate market. Expand the coverage of the "white list" project of urban real estate financing coordination mechanism. In principle, the "white list" mechanism is the main financing channel for compliant housing development projects, and the corresponding projects of new housing development loans are all included in the "white list". Optimize the loan approval process of "white list" projects to improve the efficiency of loan issuance. On the premise of coordinating with the real estate project company, the commercial bank can pay all the loans in advance to the project fund supervision account opened by the real estate project company according to the plan provided by the real estate project company, and then entrust the payment from the supervision account to the fund-using object according to the actual application.According to the Japan News Agency, Japan's House of Representatives is expected to pass an additional budget for fiscal year 2024 on Thursday.