04 Jul 2025
More recent developments
June 5, 2026
EU and China agree to trade talks
Brussels and Beijing are going to give dialogue another chance. On June 4, EU Trade Commissioner Maroš Šefčovič met with China’s top trade negotiator Li Chenggang in Paris. Some context: Beijing and Brussels are on the cusp of an honest-to-goodness trade war as… Read More »
June 5, 2026
Beijing lets workers share idle medical accounts across provinces
Beijing wants workers’ dormant health-account savings to do more for families. On June 5, the healthcare administration (NHSA) and finance ministry issued trial procedures for cross-provincial "mutual aid" using employee medical-insurance personal accounts. Some context: These accounts are individual healthcare savings… Read More »
June 4, 2026
Companies repay tax breaks as Beijing tightens local incentives
China's listed firms are being forced to pay back taxes. So far in 2026, 69 listed companies have disclosed that they owe back taxes, totaling over RMB 4.9 billion. That's a remarkable jump from previous years, when only a handful… Read More »