09 Oct 2024
More recent developments
June 10, 2026
Producer price inflation accelerates amid Iran war
Producer prices continue to surge – but manufacturers are reluctant to pass the full scope of their rising costs onto consumers. Per inflation data released by the stats bureau (NBS) on June 10, producer prices (PPI) grew 3.9% y/y in… Read More »
June 10, 2026
China’s USD 295 billion AI buildout is old news
Bloomberg has a scoop that isn't. On June 9, Bloomberg reported that China is preparing a five-year, RMB 2 trillion (or USD 295 billion) plan to build a nationwide network of data centers powered by at least 80% domestic chips,… Read More »
June 10, 2026
Wang Huning tours Xinjiang
From June 5-9, Wang Huning – China's fourth-ranked official and point man on ethnic affairs – toured Xinjiang, including two divisions of the paramilitary Xinjiang Production and Construction Corps (XPCC) and Hotan in the Uyghur-majority south. Wang pressed a heavy… Read More »