New steel export controls will curb low-quality exports, ratchet up standards

China’s export controls are inadvertently fueling a high-profit black market for critical minerals. On December 16, a court in Shenzhen found 27 people guilty of smuggling antimony ingots. The "main culprit," Wang Wubin, was sentenced to 12 years in prison… Read More »

Authorities are keen to stamp out growing pessimism about the property sector. On December 17, Beijing’s municipal housing regulators said they had recently summoned major social media platforms and online property brokerages for a chat. The details: Companies were told… Read More »

Hang Seng tech stocks dropped sharply on December 16. The Hang Seng Tech Index had fallen by over 2.5% at one point, while stocks of major internet platforms – including Alibaba, Tencent, JD.com, and Meituan – posted widening losses. Related… Read More »