24 Jan 2022
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On Thursday, Wang Weizhong, Guangdong province’s acting governor, said that his province no longer has any hidden debt (Caixin).
Some context: "Hidden debt" refers to debt that local governments are indirectly responsible for but that doesn’t appear on their books.
Typically, it’s debt borrow...
April 26, 2024
China's top leaders are turning their attention to boosting growth in underdeveloped regions. On Wednesday, Premier Li Qiang paid a visit to Guizhou province, visiting rural areas that were among the last nine counties to be lifted out of extreme… Read More »
April 25, 2024
China aims to reduce carbon emissions intensity by 3.9% in 2024. The target, announced by the State Council on Tuesday, is the first annual goal for carbon emissions intensity made during the 14th Five-Year Plan (FYP) period (2021-2025). Some context:… Read More »
April 25, 2024
Another day, another EU probe into Chinese industry. On Wednesday, the European Commission announced an investigation into China’s public procurement process for medical devices to determine if European manufacturers are getting a fair shake. This is the first probe conducted… Read More »