23 May 2022
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China's farmers just got a subsidy surprise.
On Sunday, the Ministry of Finance announced it had allocated an additional RMB 10 billion "one-time" subsidy to farmers that plant grain, at the instruction of the Party Central Committee and State Council.
ICYMI: MoF already allocated RMB 20 bill...
April 19, 2024
Policymakers continue to drive forward with efforts to make payments easier for foreigners. The latest: On Monday, the central bank (PBoC), commerce ministry (MofCom), and foreign exchange regulator (SAFE) issued yet another policy on improving payment convenience for foreigners –… Read More »
April 19, 2024
China wants to take its friendship with Indonesia to new heights. On Thursday, top diplomat Wang Yi stopped off in Indonesia, where he held talks with: Outgoing President Joko Widodo (aka Jokowi) President-Elect Prabowo Subianto Foreign Minister Retno Marsudi ICYDK:… Read More »
April 19, 2024
After steel, aluminum, and shipbuilding, is Chinese solar next on the US government’s hit list? On Thursday, Reuters reported that the Biden administration is considering reversing a 2022 policy that allows tariff-free imports of bifacial solar modules – which currently… Read More »