The education reform is part of a strategy to curb property speculation, revive fertility, and maintain political command.
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China’s crackdown on cryptocurrency mining and trading continued, with the country poised to decouple from the crypto-financial world
China is phasing out NEV subsidies in the next two years, as it finds the approach inefficient and probably unnecessary.
The 50bps RRR cut is consistent with the latest policy direction of reducing bank funding costs and makes us more convinced of our peak rate call.
Following the Didi debacle, a high-profile Chinese government document calls for greater supervision of firms seeking overseas listings.
The Biden Administration wants to reduce supply chain reliance on China. But it would be difficult.
Tesla has fallen out of Beijing’s favor in 2021 after drawing concerns over both data security and road safety.