
More recent developments

Video | Why Beijing’s “pro-consumption” policies aren’t really about consumers
Over the past few years, Beijing has been attempting to jump-start consumer spending, which still hasn’t fully bounced back from the pandemic. The strategy has two tracks: subsidizing purchases of big-ticket household goods, and trying to unlock what officials see… Read More »

Podcast | How much dependence on China is too much?
China's export controls on rare earth elements have exposed major US supply chain vulnerabilities. Now the US is scrambling to plug the holes – and China is working to maintain its leverage. The big question is: how far will each… Read More »

Podcast | Beijing’s curious plan to stimulate services consumption with more investment
The quest to understand Beijing's views on consumer spending continues. The latest: On August 13, China's finance ministry (MoF) said it would bring down borrowing costs for service sector firms by providing them with rebates on their interest payments. Curiously,… Read More »