
More recent developments

Regulators consider measures to cool stock rally
Financial regulators are reportedly weighing measures to cool China’s surging stock market, wary of another bubble like those in 2005 and 2015. On Thursday, Bloomberg cited anonymous sources as saying that policymakers are considering removing some curbs on short-selling, as… Read More »

BYD reportedly cuts 2025 sales target amid mounting domestic headwinds
On Thursday, Reuters cited company insiders as saying that new energy vehicle (NEV) giant BYD has lowered its 2025 sales target from 5.5 million to 4.6 million vehicles. BYD hasn't confirmed the revision, but it would make sense: The automaker's… Read More »

Why urbanization will no longer juice China’s GDP growth
Urbanization has powered China’s economy for decades, moving labor from farms to higher-productivity factories and services. Many economists argue urbanization will continue to drive China's economic growth. We think that's unlikely. ICYDK: China’s urbanization rate is about 65%, still well… Read More »