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Markets and FinancePlenum Notes
March 5, 2026

A Less Ambitious Year for GDP and Budget

China reduced its real GDP growth target to 4.5-5% this year.
Plenum NotesU.S.-China
March 2, 2026

What the US Strikes in Iran Mean for China

The war in Iran has elevated oil prices and shipping costs and added risks to China’s oil supply.

RECENT RESEARCH

February 26, 2026 in Markets and Finance, Plenum Notes

Doubao’s Path to Dominance

ByteDance’s Doubao surpassed DeepSeek last year to become China’s largest AI app and now dominates the chatbot space.
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February 23, 2026 in Plenum Notes, U.S.-China

Fresh Uncertainty After IEEPA Ruling

The US Supreme Court has ruled against Trump’s IEEPA tariffs, but the Trump administration has been quick to pursue alternative paths.
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February 11, 2026 in Markets and Finance, Plenum Notes

China Unmuzzles Antitrust Watchdog

SAMR has opened an antitrust investigation into Trip.com, which will likely result in remedial measures and a large fine.
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