
More recent developments

Beijing bans tech firms from buying made-for-China Nvidia chips
What happened: On September 17, FT reported that China's cyberspace authority (CAC) has banned Chinese tech companies from purchasing Nvidia's RTX Pro 6000D chips. According to FT's sources: "Several companies had indicated they would order tens of thousands of the… Read More »

Policymakers release measures to support service consumption
On Tuesday, the Ministry of Commerce and eight other ministries released a policy document aimed at boosting services consumption. Bummer alert: The measures offer nothing new in the way of subsidies or financial support to boost consumer spending. Instead, policies… Read More »

Premier Li Qiang visits Qinghai, Gansu
Premier Li Qiang toured Qinghai and Gansu this week – two of China's poorest provinces. Some context: Top leaders are pushing to develop China's West, encouraging key industries westward to hedge against geopolitical risk, utilize cheap green power and land,… Read More »