13 Aug 2020
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The task list released by the State Council yesterday wasn’t just about foreign investment (see previous entry).
It also seeks to help struggling exporters.
Some context: In the wake of COVID-19, international orders are down and cancellations are up, leaving exporters with a lot of goods on ...
April 16, 2024
China’s economy grew strongly in the first quarter of 2024. According to data released by the stats bureau (NBS) on Monday: Real GDP grew 5.3% in Q1 2024, up from 5.2% in the previous quarter On a seasonally adjusted quarter-on-quarter… Read More »
April 15, 2024
China and North Korea have lots to talk about. On Saturday, Zhao Leji, chairman of the legislature (NPCSC) and China’s third-ranked official, met with North Korean Supreme Leader Kim Jong-un. ICMYI: On Thursday, Zhao talked up cooperation with his North… Read More »
April 15, 2024
The State Council is increasing pressure on local governments and state-owned enterprises (SOEs) to pay private businesses on time. The latest: On Friday, the State Council executive meeting, chaired by Premier Li Qiang, discussed setting up a "long-term mechanism" to… Read More »