03 Jun 2025
More recent developments
June 22, 2026
Beijing courts foreign investment in services, finance, and biotech
What happened: On June 22, the commerce ministry (MofCom), macro planner (NDRC), and finance ministry (MOF) released a new action plan to "stabilize and upgrade" foreign investment. Some context: The plan follows similar foreign investment support packages released in 2024… Read More »
June 22, 2026
Beijing targets US defense and rare earth firms with new restrictions
Beijing just announced new restrictions on a long list of US defense, tech, and rare earth firms. The measures dropped within minutes of each other on June 22: The commerce ministry (MofCom) added 10 US firms to its export control… Read More »
June 22, 2026
EU leaders hold key meeting on China
Brussels thinks someone really oughta do something about Europe’s trade imbalance with China. On June 18, EU leaders convened in Brussels to discuss “global macroeconomic imbalances,” a polite euphemism for the bloc’s yawning trade deficit with Beijing. Some context: In… Read More »