26 Mar 2026
More recent developments
March 25, 2026
SAFE teases expansion of outbound investment quota
Authorities will soon issue a new batch of qualified domestic institutional investor (QDII) quotas. Zhu Hexin, head of the forex regulator (SAFE), teased the move at the recently concluded China Development Forum. ICYDK: Under the QDII program, mainland investors can… Read More »
March 25, 2026
Beijing pressures platforms to end the food delivery price war
What happened: On March 25, state-run Economic Daily published an article titled “It’s Time to End the Food Delivery Price War.” ICYMI: Since last summer, Alibaba and Meituan have been locked in a delivery market share race to the bottom,… Read More »
March 24, 2026
Beijing’s public service spending pledge lacks clarity
Beijing has pledged to boost expenditure on public services – but we’re skeptical of the impact. At the March 22 China Development Forum (CDF), Minister of Finance Lan Fo’an said that over the next five years, the government will: “Appropriately… Read More »