
More recent developments

State Council launches pilots to improve efficiency of economic resources
On Thursday, the State Council released a series of pilot programs aimed at improving the allocation of economic resources. What? Basically, local pilots will aim to improve the way land, labor, capital, tech, and data, are allocated across the economy.… Read More »

Beijing warns Mexico on new tariff plan
Trade tensions just spiked between China and Mexico. On Wednesday, Mexico's government announced plans to raise tariffs on imported vehicles, steel, toys, textiles, and other products to near their maximum allowable levels under World Trade Organization (WTO) rules, impacting China… Read More »

He Lifeng to meet US Treasury Secretary next week
Vice Premier He Lifeng will meet with US Treasury Secretary Scott Bessent next week in Madrid, Spain. Per a US Treasury statement released to Reuters, the pair will discuss: “Trade, economic and national security issues” “The status of the Chinese-owned… Read More »