01 Aug 2024
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Local government special-purpose bond (SPB) issuance is set to accelerate soon.
On Wednesday, the finance ministry (MoF) disclosed that by July 26, local authorities had issued just RMB 1.9 trillion of SPBs, accounting for 49% of the full-year quota.
Over the same period in 2022 and 2023, local gov...
September 11, 2024
China's new energy vehicle (NEV) segment performed exceedingly well in August, even as internal combustion engine (ICE) vehicle sales slumped. Per the China Passenger Car Association's (CPCA) August retail data, released Tuesday: NEV sales hit 1.027 million, up 43% y/y.… Read More »
September 11, 2024
China's auto exports saw notable growth in August, with strong gains in the internal combustion engine (ICE) segment and a modest recovery in the new energy vehicle (NEV) segment. Per the China Passenger Car Association's (CPCA) August data, released Tuesday:… Read More »
September 11, 2024
Regulators are moving to address the mounting stress new energy vehicles (NEVs) are placing on power grids. On Tuesday, the macro planner (NDRC) and three other agencies issued a notice to advance the national rollout of vehicle-to-grid (V2G) pilot projects.… Read More »