28 Jun 2024
Trivium Markets keeps you briefed on the latest developments in China markets policy.
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 incremental pr...
July 1, 2024
China’s efforts to decarbonize heavy-duty trucking (HDT) are finally gaining momentum. On Tuesday, industry research group GGII reported that national sales of new energy vehicle (NEV) HDTs – dominated by battery electric models – reached 20,776 between January and May,… Read More »
July 1, 2024
Chinese cities are removing auto purchase restrictions. On Tuesday, the Beijing Municipal Government's official WeChat account reposted the macro planner’s (NDRC) recent consumption-boosting guidelines – which encourage cities to "relax vehicle purchase limits and issue more vehicle purchase quotas." Some… Read More »
July 1, 2024
China's June manufacturing conditions were a mixed bag. The stats bureau (NBS) and Caixin released their monthly PMI prints on Sunday and Monday, respectively. A quick refresher: PMIs give a snapshot of business conditions based on survey responses. A reading… Read More »