
More recent developments

China and US agree to mutually reduce tariffs
How do you say “status quo ante” in Chinese? On Monday, the US and China released a joint statement following weekend trade talks in Geneva. Chinese Vice Premier He Lifeng headed the Chinese delegation, while US Treasury Secretary Scott Bessent… Read More »

China’s April exports surge despite trade war
China’s April trade data smashed expectations. Per data released by the customs bureau (GAC) on Friday: Exports rose 8.1% y/y in April, down from 12.1% the previous month – but far surpassing the consensus forecast of 1.9% growth Imports fell… Read More »

Xi meets Putin, double down on partnership
Tricky Dick’s Nixonian schtick’s not so slick in Sino-Russian politics. On Thursday, Xi Jinping met with Russian President Vladimir Putin in Moscow. Some context: Xi is in town for Russia’s Victory Day, marking the 80th anniversary of the end WWII in… Read More »