More recent developments
July 5, 2022
Curb your (growth) enthusiasm
Over the past two weeks, Xi Jinping seems to have had a change of heart regarding China’s annual growth prospects. ICYMI: On June 22, Xi sent a clear message at the BRICS summit that China was still gunning for its 5.5% economic growth target for 2022 (Xinhua 1): “China will intensify macro-p… Snuh-ohez. Your subscription… Read More »
July 5, 2022
I don’t know what we’re Yellen about
A faint glimmer of hope? In THIS economy?? On Tuesday, China’s economic czar, Vice Premier Liu He, held a call with US Treasury Secretary Janet Yellen. Some context: The long-awaited call came amid signals that the White House may roll back Trump-era tariffs on Chinese goods. In May, US Pr… Snuh-ohez. Your subscription doesn’t include… Read More »
July 5, 2022
How to save a sick river
From Thursday to Monday, Li Zhanshu, chairman of the national legislature (NPCSC), inspected implementation of the Yangtze River Protection Law in Hubei province. China’s first law to protect a specific waterway came into effect in March 2021. This looked like boilerplate inspection (Xinhua):… Snuh-ohez. Your subscription doesn’t include access to this content. Upgrade your account… Read More »