12 Jun 2026
More recent developments
June 12, 2026
Beijing issues two new five-year plans for education and the environment
The planning is going according to plan. On June 11, Premier Li Qiang chaired a State Council executive meeting that approved the 15th Five-Year Plans (FYP) for education and another one for a "Beautiful China." That brings the tally to… Read More »
June 10, 2026
Producer price inflation accelerates amid Iran war
Producer prices continue to surge – but manufacturers are reluctant to pass the full scope of their rising costs onto consumers. Per inflation data released by the stats bureau (NBS) on June 10, producer prices (PPI) grew 3.9% y/y in… Read More »
June 10, 2026
China’s USD 295 billion AI buildout is old news
Bloomberg has a scoop that isn't. On June 9, Bloomberg reported that China is preparing a five-year, RMB 2 trillion (or USD 295 billion) plan to build a nationwide network of data centers powered by at least 80% domestic chips,… Read More »