
More recent developments

Premier Li calls for urgency in tech self-sufficiency push
On Friday, Premier Li Qiang chaired a State Council executive meeting focused on advancing China's tech self-sufficiency. Tl;dr: Li's in a hurry. The Premier demanded officials hurry the heck up in advancing China's tech capabilities: “[We] must further enhance our… Read More »

Local governments introduce childcare vouchers
Since June, three provincial governments have started subsidizing childcare. The details: (Caixin) Guangdong has started offering vouchers varying in value from RMB 500-2,000, across all 21 cities in the province Jiangxi began issuing monthly RMB 200 vouchers to families with… Read More »

PBoC signals monetary loosening unlikely in Q3
China’s central bank (PBoC) has signaled it’s unlikely to ease monetary policy in Q3. On Friday, the PBoC published a readout of the quarterly meeting of its Monetary Policy Committee (MPC), held June 23. The meeting readout didn’t mention cutting… Read More »