
More recent developments

Australian miner Fortescue receives record yuan-denominated loan
Chinese banks have just issued the largest offshore yuan-denominated loan ever made to a foreign firm. In a landmark move, Australian metals giant Fortescue recently landed an RMB 14.2 billion loan from a syndicate led by Bank of China (BOC).… Read More »

US launches trade investigations into Chinese-made solar products from India, Indonesia, and Laos
The US has launched anti-dumping and anti-subsidy investigations into solar imports from India, Indonesia, and Laos. The investigations – launched Friday – follow a petition from the Alliance for American Solar Manufacturing and Trade (AASMT), a coalition of US solar… Read More »

MoF unveils subsidies for consumer and service sector loans
On Tuesday, the finance ministry (MoF) released an implementation plan to lower borrowing costs for the service sector. The State Council revealed earlier this month that the initiative was in the pipeline. The details: Service sector firms are entitled to… Read More »