03 Nov 2025
More recent developments
November 3, 2025
Central bank overestimates progress in tackling off-balance sheet debt
Central bank governor Pan Gongsheng thinks tackling China’s off-balance sheet debt is a breeze – but we think differently. During a work report to lawmakers on October 26, Pan revealed that regulators had: Cut the number of local government financing… Read More »
November 3, 2025
EU, other countries appear set to benefit from China-US truce on rare earths
The China-US truce on rare-earths looks set to benefit firms worldwide. That's according to EU trade chief Maroš Šefčovič, who tweeted on November 1 that Beijing's agreement with Washington to suspend implementation of its October 9 export controls on rare… Read More »
November 3, 2025
White House says China will grant general rare earth export licenses, offer other concessions
The agreements reached at last week’s Xi-Trump summit are more extensive and interesting than we thought, at least according to the White House. On November 1, the White House released a fact sheet on the outcomes of the meeting between… Read More »