This morning the State Council released guidelines for splitting fiscal responsibilities between the central and local governments for the management of natural resources.
Some context: The guidelines are part of the ongoing fiscal reforms initiated in early 2018 that seek to better rationa...
China is counting on Hungary's support in the EU. On Wednesday, foreign minister Wang Yi met with his Hungarian counterpart, Péter Szijjártó, in Beijing. Some context: Hungary's long-serving government is a vocal critic of the EU's de-risking strategy and the… Read More »
Top diplomat Wang Yi and US Secretary of State Antony Blinken have lots to talk about. On Friday, the two diplomatic honchos convened in Beijing to talk about the parlous state of US-China relations. At the time of writing, official… Read More »
On Thursday, the financial regulator (NFRA) released guidelines on developing green insurance to support China’s green and low-carbon transition. This follows the guidance on increasing financial support for green and low-carbon development, including through green insurance, that several regulators issued… Read More »
13 Jul 2020