06 Jul 2022
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We’ve been wondering how Beijing would sustain its fiscal firepower in H2.
Well, on Tuesday, Reuters revealed part of the plan.
The scoop:
First, Beijing will set up a state infrastructure investment fund worth RMB 500 billion in Q3.Second, Beijing will give local governments an advanced q...
April 19, 2024
We just finished reading Beijing's new three-year plan to cultivate digital talents. The policy was jointly released on April 2 by a phalanx of regulators, including the human resource ministry (MoHRSS), the Ministry of Science and Technology (MoST), and the… Read More »
April 18, 2024
The Chinese and US militaries have agreed to continue disagreeing. On Tuesday, Defense Minister Dong Jun held a video call with US Defense Secretary Lloyd Austin. Why it matters: This is the first direct contact between the defense honchos since… Read More »
April 18, 2024
Retired officials are calling for the Party to radically rethink its approach to the private sector. On Saturday, a group of former and sitting officials and private businesspeople held a symposium in Beijing to discuss innovating Party theory regarding private… Read More »