In this chartbook, we walk you through the latest developments in the Chinese economy and offer our outlook.
The Xi-Trump summit delivered a small deal that includes a 10-ppt tariff cut and suspensions of recent export control measures.
The US-China negotiations in Kuala Lumpur saw higher tariffs called off, but other outcomes will be unclear before Xi and Trump’s Thursday meeting.
Most exporters at the Canton Fair say that sales to the US have taken a hit, but some have shown remarkable resilience.
The BIS’s new “50% rule” is already having a significant impact on Chinese companies.
Beijing decided to carry out new export controls on rare earths and launch its own version of the US foreign direct product rule.
Satellite internet might only ever be a complementary service to 4G/5G in China, but local operators have their eyes on overseas markets.
Trump and Xi will meet at APEC in October, but Trump’s China visit has been set for 2026, pointing to another tariff extension but no deal this year.
Washington and Beijing are racing to secure a Trump-Xi visit by the end of the year, but Trump has conditioned a visit on a trade deal being reached.