
More recent developments

State Council discusses ways to boost consumption
On Wednesday, Premier Li Qiang chaired a State Council executive meeting focused on boosting "domestic circulation." Some context: Domestic circulation is one of two key components of Xi Jinping’s 2020 Dual Circulation Strategy (DCS) – a framework that positions domestic… Read More »

State Council takes aim at NEV price wars
The State Council is sick and tired of price wars in the new energy vehicle (NEV) industry At the State Council executive meeting Wednesday, the government leadership promised to “effectively regulate” the sector to address “various irrational competition phenomena.” Some… Read More »

Trump reportedly taking softer tack with Beijing
US President Donald Trump wants a big, beautiful friendship with China. On Wednesday, Bloomberg reported that Trump has adopted a more conciliatory approach toward Beijing in hopes of securing an in-person meeting with Xi Jinping – and a trade deal… Read More »