27 Jun 2024
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Chinese new energy vehicle (NEV) firms are accelerating diversification efforts into the Global South amid growing Western protectionism.
On Wednesday, the China Passenger Car Association (CPCA) issued updated auto export stats covering January to May.
What caught our eye: Brazil saw combined...
June 28, 2024
Many local governments are still increasing off-balance-sheet borrowing. On Tuesday, Hou Kai, auditor-general of the state auditor (NAO), delivered a report on local authorities’ progress in resolving debt risks. After examining the books of nine provinces and cities, NAO found… Read More »
June 28, 2024
Beijing’s much-touted consumer goods trade-in program has failed to significantly boost auto sales. On Tuesday, the commerce ministry (MofCom) held a press conference to discuss the program. ICYMI: According to MofCom rules released in late April, consumers can trade in… Read More »
June 28, 2024
Beijing is the last top-tier city to cut the cost of buying a home. On Wednesday, city authorities announced much-anticipated reductions to Beijing’s minimum mortgage rates and downpayment ratios. The central government dropped a major property support package last month,… Read More »