Chinese exports to Africa skewed toward capital equipment and intermediate goods

China’s county-level governments are dangerously reliant on fiscal transfers to fund expenditure. Per a report by the Southwestern University of Finance and Economics, analysis of all 2,774 county-level governments found that, on average, only 38% of general public budget expenditure… Read More »

We're starting to get a clearer picture of how Beijing's new steel export controls will actually work. ICYMI: The commerce ministry (MofCom) announced new export license requirements for some 300 steel products on December 12. Important to note, these are… Read More »

China’s export controls are inadvertently fueling a high-profit black market for critical minerals. On December 16, a court in Shenzhen found 27 people guilty of smuggling antimony ingots. The "main culprit," Wang Wubin, was sentenced to 12 years in prison… Read More »