01 Jul 2024
Trivium Markets keeps you briefed on the latest developments in China markets policy.
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, up 139% y/y.
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July 3, 2024
China's lithium overcapacity problem demands government intervention. That's our take from the 2024 International Lithium Battery New Energy Industry Conference, held June 28 in Sichuan. Top among key concerns: Former Vice Minister of Industry and Information Technology Su Bo argued… Read More »
July 3, 2024
Monetary policy continues to tighten. The latest: In June, the central bank's (PBoC) pledged supplementary lending (PSL) facility contracted for the fourth consecutive month, fully unwinding its December-January expansion. This comes after the PBoC drained funds via the medium-term lending… Read More »
July 3, 2024
Sales of existing homes are surging in major cities. According to the latest transaction data published by local real estate brokerages, in June: 26,374 secondhand units were sold in Shanghai, the highest monthly amount in three years Transactions increased 9%… Read More »