
More recent developments

Manufacturing and construction surge in March
The latest PMI data shows China’s manufacturing output is surging. Per data released by the stats bureau (NBS) and Caixin on Monday and Tuesday, respectively: The NBS manufacturing PMI was 50.5 in March – up from 50.2 in February and… Read More »

Home sales by top developers slid in March
March was yet another rough month for the property sector. According to survey data from China Real Estate Information Corp. (CRIC), published Monday: In Q1, total home sales by China’s top 100 developers were down 5.9% y/y – a smaller… Read More »

Beijing plans restructuring of state-owned auto giants
Beijing is preparing to whip its state-owned auto giants into shape. On Saturday, the state-owned enterprise (SOE) regulator (SASAC) told industry leaders it will begin "restructuring" central auto SOEs – a signal of mergers to come. SASAC Vice Chairman Gou… Read More »