12 Aug 2024
Trivium Markets keeps you briefed on the latest developments in China markets policy.
In July, new energy vehicles (NEVs) represented 51.1% of all retail auto sales in China – outperforming internal combustion engine (ICE) vehicles for the first time.
Per data released by the China Passenger Car Association (CPCA), in July:
NEV sales hit 878,000 units – up 37% y/y and 2.6% m/m
I...
September 19, 2024
China’s legislators are worried about the state of local government debt. On September 10, two econ-related committees of the legislature (NPCSC) – the budget working committee and the financial and economic committee – published a report on government debt management.… Read More »
September 19, 2024
Beijing is scrambling to rebuild confidence in the venture capital (VC) industry. On Wednesday, Premier Li Qiang held a State Council meeting to discuss how to better support startup funding. Some context: Revitalizing China’s deteriorating VC industry has become a… Read More »
September 18, 2024
Urban renewal projects are hitting roadblocks due to ongoing financial distress among property developers. ICYDK: Urban renewal involves reconstructing old, shabby residential developments into high-rise apartment buildings with improved amenities. Households forced to relocate during urban renewal are compensated with… Read More »