05 Jun 2025
More recent developments
December 15, 2025
Vanke nears default after bondholders reject extension plan
A public default by property giant Vanke is looking increasingly likely. ICYMI: Vanke – long considered a “safe” developer given its government ties – spooked markets after seeking to delay repayment on RMB 2 billion of onshore notes due December… Read More »
December 15, 2025
Beijing imposes steel export controls amid record export flows
Beijing is poised to tamp down on record steel exports. ICYDK: This year, Chinese steelmakers defied the odds to hit a record 100 million metric tons of exports across January-November. That's triggering trade frictions and reportedly enabling widespread VAT evasion… Read More »
December 15, 2025
China’s staple crop harvest breaks records again
China's staple crop production broke records again this year. On Friday, the stats bureau (NBS) reported a staple crop output of 714.88 million metric tons – up nearly 8.4 million tons, or 1.2%, from last year. Corn drove the gains,… Read More »