
More recent developments

China’s commerce ministry shows signs of loosening rare earth export controls
Beijing is expediting approvals of rare earth element (REE) export licenses. On Friday, Reuters scooped that REE suppliers to three major US auto manufacturers have been granted temporary export licenses, covering shipments for the next six months. Then, on Saturday,… Read More »

Senior policy advisor calls for stronger measures to restore homebuyer confidence
In an article published Wednesday, veteran central banker (PBoC) Wu Ge argued that more aggressive measures are needed to revive property market sentiment. We count Wu among China’s 20 most influential economic policy advisors. Wu's message: For the property market… Read More »

Provinces suspend consumption vouchers as central subsidies run dry
Provinces have temporarily paused voucher disbursement under the consumer goods trade-in program. The latest: Jiangsu appears to have halted all online voucher distribution since June 1, citing “website upgrades.” Chongqing paused vouchers earlier this month for smart home appliances and… Read More »