26 Apr 2024
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Shenzhen is the first top-tier city to implement a housing trade-in program.
Some context: Officials view home "upgrades" – i.e. moving to bigger, better apartments – as a way to bolster home sales.
But supply has outpaced demand in the secondhand housing market, making it increasingly diff...
May 7, 2024
Consumer confidence didn’t drop further in Q1 2024 – but it remains close to record lows. That’s the main takeaway from the central bank’s (PBoC) latest household and business surveys, released on April 30. Some context: Every quarter, the PBoC… Read More »
May 7, 2024
China's new-type energy storage (NES) capacity is growing at an astonishing rate. On April 29, the energy regulator (NEA) released Q1 national NES installation statistics, revealing that China's NES capacity reached 35.3 GW at the end of March – tripling… Read More »
May 7, 2024
The State Council's consumer trade-in initiative – launched in March – is falling well and truly flat. That’s according to a reporter for the Workers' Daily, who surveyed online platforms and retail stores in Beijing to assess the success of… Read More »