03 Jun 2021
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On Tuesday, Beijing’s finance bureau announced it would give away RMB 40 million in digital yuan (DCEP) to city residents in another beta-test of the DCEP.
Some context: China has been handing out free money left and right to promote the digital yuan since October.
The new trial will bri...
December 7, 2023
China’s trade performance in November did not live up to expectations. Per data released by the customs bureau on Thursday: Exports grew 0.5% y/y in dollar terms, up from a 6.4% fall in October. Imports fell by 0.6% y/y, versus… Read More »
December 7, 2023
EU-China relations risk deteriorating. On Thursday, the long-awaited EU-China Summit kicked off in Beijing. Xi Jinping and Premier Li Qiang met with: European Council President Charles Michel European Commission President Ursula von der Leyen Top EU diplomat Josep Borrell Tough… Read More »
December 7, 2023
The macro planner (NDRC) has unveiled 35 peak-carbon pilot zones. The list, released on Wednesday, comprises 25 cities and 10 industrial parks across 15 provinces. Some context: In November, the NDRC announced that it will select 100 cities and industrial… Read More »