More recent developments
August 15, 2022
Data dump – econ data
China’s stats bureau published the monthly econ data for July on Monday. The headlines: Retail sales rose 2.7% y/y in July, down from a 3.1% y/y increase in June.Fixed asset investment rose 3.5% y/y in July, compared with 5.8% y/y growth in June.Value-added output at industrial firms rose 3.8… Snuh-ohez. Your subscription doesn’t include access… Read More »
August 15, 2022
Stay right where you are
Local governments are worried about domestic tourists coming home with COVID as the virus makes a resurgence at travel hotspots across China. Hainan and Tibet, two top summer destinations, are experiencing some serious outbreaks: As of August 14, Hainan and Tibet had seen over 7,000 and 900 c… Snuh-ohez. Your subscription doesn’t include access to… Read More »
August 15, 2022
One small step for small government
Li Keqiang’s administrative reform campaign is never-ending. The latest push came on Friday when the State Council announced that it will cancel 29 fines levied on businesses and reduce a further 24 (Gov.cn 1). They cover infringements related to transportation, public security, and market su… Snuh-ohez. Your subscription doesn’t include access to this content. Upgrade… Read More »