
More recent developments

Government advisor says time is right to promote RMB internationalization
A top academic advisor to the government is urging Beijing to capitalize on declining global confidence in the US dollar to enhance the yuan’s international appeal. Liu Shangxi, former head of the Chinese Academy of Fiscal Sciences (read our profile… Read More »

China’s wheat harvest nearly matches last year’s record
China's wheat output remained stable despite widespread drought across key growing regions this year. The stats bureau (NBS) released summer harvest data on Thursday, covering the winter wheat and rapeseed crops. The headline: Wheat production slipped just .1% from last… Read More »

MIIT launches online platform for auto suppliers to report abuses by automakers
Central regulators have taken another step to rein in China’s cut-throat auto industry price war. On Wednesday, the industry regulator (MIIT) launched an online platform that allows auto suppliers to report major automakers who fail to honor commitments to pay… Read More »