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After US-Iran accord and oil-price plunge, analysts warn of ‘grey area’ for Chinese firms

As plunging oil prices signal broad market optimism following an initial deal between the United States and Iran, attention has turned to whether Chinese firms sanctioned for Iran-related business will see immediate relief, though analysts remain cautious. “New purchases of Iranian oil ostensibly wouldn’t be subject to fresh sanctions, but at the same time, I imagine we won’t see a rush to lift existing sanctions on Chinese importers of Iranian oil,” said Lynn Song, chief economist for Greater...

Will China’s residency changes to social insurance unlock economic growth?

China’s decision to ease residency restrictions on social insurance applicants will help unleash positive, long-term economic growth, according to analysts. The new measures announced on Friday by the State Council are part of China’s broader push to create a unified national market by removing barriers to the free flow of capital and talent. Under the new policy, workers can enrol in social insurance programmes in the cities where they are employed, regardless of their official household...

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