
More recent developments

On Our Radar | Taming the bull
The most important upcoming developments for policy and politics in China over the next month key developments econ and finance Regulatory intervention to cool stock markets (any time in the next month) Policy measures to boost services consumption and exports… Read More »

Fiscal roundup: Beijing finally tackles its tax problem
To view the roundup as a pdf, click here. Beijing is finally moving to boost tax revenue. ICYDK: Tax revenue started falling in early 2024 and hasn’t recovered. By the numbers: In 2024, revenue dropped 3.4% y/y – the first annual… Read More »

Beijing’s consumption pivot to services – an investment strategy in disguise?
To view this note as a PDF, click here. Since 2023, Beijing’s strategy to boost consumption has revolved around unlocking latent demand – that is, demand for a good or service that’s unrealized due to a structural constraint, such as lack… Read More »