
More recent developments

Chinese consumption roars to life in May
Consumption stole the spotlight in May’s macroeconomic data. Per data released by the stats bureau (NBS) on Monday, retail sales of consumer goods grew 6.4% y/y, up from 5.1% in April. As per last month, spending growth was focused on… Read More »

Provinces punish officials for environmental failures
Beijing’s environmental inspectors are making local officials sweat. Between Friday and Sunday, Hainan, Henan, and Qinghai provinces provided details on how they have held officials accountable for environmental violations. Some context: In 2015, Beijing launched central environmental inspections to uncover… Read More »

State Council calls for broader adoption of unspecified reforms from Shanghai Free Trade Zone
Some of China's boldest economic experiments could be going national. Friday's State Council executive meeting called for the broader adoption of successful reform measures from the Shanghai Free Trade Zone (FTZ). The meeting readout didn’t spell out exactly which measures… Read More »