More recent developments
Beijing aims turn Suzhou Industrial Park into global innovation hub
The central government has big plans for the Suzhou Industrial Park (SIP). On Thursday, the commerce ministry (MofCom) announced a forthcoming batch of new opening and support measures aimed at establishing the SIP as a global innovation hub. ICYDK: China… Read More »
Trade tensions simmer at COP29 over carbon tariffs
Developing countries are strongly opposing “punitive” climate policies at COP29. On Thursday, Reuters reported that countries are pushing back hard against carbon tariffs and trade-related climate policies at the climate summit. Some context: Carbon tariffs, such as the EU’s Carbon… Read More »
Private sector not happy with draft private economy promotion law
A former State Council official has highlighted deep dissatisfaction within the private sector over Beijing's draft Private Economy Promotion Law. ICYMI, an expedited draft of the law was released for public comment in October. On Friday, the China Macroeconomy Forum… Read More »