17 Sep 2025
More recent developments
July 16, 2026
Jaguar Land Rover puts Chery in the driving seat of new venture
China's NEV revolution is turning the auto industry's traditional joint venture (JV) model upside down. Jaguar Land Rover's (JLR) latest moves offer a compelling case study. Some context: In March, JLR announced that its JV plant with Chery in Changshu,… Read More »
July 16, 2026
PBoC officials lay out offshore RMB roadmap
Beijing is systematizing its offshore RMB market buildout. At a July 15 presser, central bank (PBoC) monetary policy chief Xie Guangqi laid out a four-part plan for developing the offshore RMB market. Invoking the 15th Five-Year Plan’s (FYP) mandate to… Read More »
July 16, 2026
Collapse in credit growth accelerated in June
China’s credit collapse accelerated in June. Per central bank (PBoC) data released July 15, outstanding total social financing (TSF) expanded 7.4% y/y, the slowest monthly expansion on record, and down from 7.7% in May. Meanwhile, outstanding RMB loans rose 5.2% y/y –… Read More »