
More recent developments

Automakers offer ultra-generous financing plans to drive sales
As the auto price war intensifies, China's new energy vehicle (NEV) makers are adopting a new strategy to boost sales: ultra-generous financing plans. Some context: In mid-2024, Tesla became the first automaker to offer cheap financing, offering customers a five-year,… Read More »

China will struggle to deliver free preschool education
Delivering Premier Li Qiang’s promise of free preschool programs – unrevealed in this year’s Government Work Report – will be challenging. That’s according to a report published by experts at Peking University, on March 6th. The good news: Over 90% of… Read More »

MofCom warns Walmart over alleged demands to suppliers
Always low prices? Maybe not always. On Tuesday, China’s commerce ministry (MofCom) summoned Walmart executives for a chat. The reason: The American retail giant has reportedly been demanding that its Chinese suppliers lower their prices to counteract hefty US tariffs… Read More »