06 Nov 2025
More recent developments
April 27, 2026
Economic Daily calls on industry associations to prevent involution-style competition
On April 23, the Economic Daily published an article calling on industry associations to step up and do more to support Beijing's anti-involution campaign. The article pins part of the blame for China's rampant involution problem on industry associations' failure… Read More »
April 27, 2026
Foreign investors permitted to trade government bond futures
Beijing has opened a key financial market to foreign investors. On April 24, the securities regulator (CSRC) said qualified foreign investors (QFIs) are now permitted to trade government bond futures in China’s domestic markets, albeit for hedging purposes only. The… Read More »
April 27, 2026
DeepSeek’s latest model underwhelms
On April 24, DeepSeek finally shipped its latest model – V4. Expectations were sky-high after its previous models – V3 and R1 – stunned the market and narrowed the gap with frontier US models. Record scratch: Despite the hype, the… Read More »