
More recent developments

Housing presale reform is reportedly back on policy agenda
After years of dragging their feet, authorities may finally be gearing up to overhaul how new homes are financed and delivered. Citing unnamed sources, Bloomberg reported on Thursday that officials are formulating a plan to prohibit presales for future housing… Read More »

China’s April exports surge despite trade war
China’s April trade data smashed expectations. Per data released by the customs bureau (GAC) on Friday: Exports rose 8.1% y/y in April, down from 12.1% the previous month – but far surpassing the consensus forecast of 1.9% growth Imports fell… Read More »

Hopes high for US-China tariff breakthrough
Hopes are high that Chinese and US officials will find a way to de-escalate trade tensions at an initial meeting in Geneva, Switzerland on Saturday. The latest: US President Trump indicated on Thursday that there will be “substantive negotiations” between… Read More »