01 Jul 2025
More recent developments
December 3, 2025
Vanke requests one-year delay on bond payment in latest sign of trouble
The walls are closing in fast on Vanke, one of China’s largest property developers. On December 1, Vanke reportedly sought a one-year delay on RMB 2 billion worth of onshore notes due on December 15 (Caixin). There’s more: According to… Read More »
December 3, 2025
Trade surging along China’s Western land-sea trade corridor
A key shipping corridor linking Western China with maritime ports is gaining traction. Data from China Customs and China Railway shows a surge in use of the Western land-sea corridor this year (Xinhua): As of November 29, more than 1.3… Read More »
December 3, 2025
Finance Minister Lan Fo’an says austerity is here to stay
Fiscal policy will not be used to support the sluggish economy. So says Minister of Finance Lan Fo’an in a People’s Daily op-ed laying out fiscal priorities published on December 2. Lan wrote that austerity and fiscal discipline will be… Read More »