
More recent developments

State-owned auto giants put rumored merger on hold
Regulators have put China’s largest-ever auto industry merger on ice. On Thursday, Chang’an and Dongfeng – two of China’s three central government-owned automakers – each issued notices announcing the suspension of their “restructuring” plans. What’s more, Chang’an – previously a… Read More »

Rare earth magnet tracking system could be indication of imminent REE traceability launch
On Thursday, Reuters reported that a new nationwide tracking system for rare earth magnets quietly came into effect last week, according to industry sources. The system reportedly "requires producers to submit extra information online, including trading volumes and client names."… Read More »

Local governments chase down taxes on residents’ overseas investments
Local governments are ramping up efforts to collect taxes on residents’ foreign income. ICYMI: Tax authorities began targeting ultra-wealthy individuals for overseas investment income taxes late last year. Now, the crackdown is reportedly expanding to include a broader range of… Read More »