
More recent developments

Polysilicon, PV glass manufacturers cut production to tackle oversupply
Polysilicon prices unexpectedly rose last week. Per data from the China Nonferrous Metals Industry Association, solar-grade polysilicon prices increased 0.87% week-on-week. This represents a modest but rare price bump for an overcapacity-ridden industry that’s sold below cost for the past… Read More »

Chinese firms are increasingly tapping export credit insurance
More Chinese firms are leveraging export credit insurance (ECI) as they deepen trade ties with riskier frontier markets. ICYDK – ECI protects exporters from the risk of non-payment by overseas buyers. Between January and May, nearly USD 400 billion worth… Read More »

Top advisor wants to boost consumption by expanding welfare
On Tuesday, Qiushi published an essay by Wang Yiming – a top government advisor – arguing that Beijing should spend more on welfare to boost consumption. Wang is an academic member of the central bank’s (PBoC) monetary policy committee –… Read More »