
More recent developments

NEV charging infrastructure network set for major upgrade
On Wednesday, six central government agencies – led by the macro planner (NDRC) – issued a three-year action plan to accelerate the build-out of China's new energy vehicle (NEV) charging infrastructure. ICYDK: China has the world’s largest NEV charging network.… Read More »

MofCom claps back at Bessent and Greer
On October 16, China's Ministry of Commerce (MofCom) issued a series of Q&A posts via their official X account, defending China's expanded rare earth export control regime. The posts also respond to several public comments made by top US economic… Read More »

Credit growth slows in September
Credit growth slowed for the second consecutive month in September. Per central bank (PBoC) data released Wednesday, outstanding total social financing (TSF) expanded 8.7% y/y across the month – down from 8.8% growth in August. Outstanding RMB loans rose just 6.6% y/y… Read More »