Drip. Drip. Drip. That’s what we’ve gotten over the past two weeks from Chinese economic and financial authorities – as investors, businesses, and households await details on an impending fiscal support package from Beijing. Policymakers have put themselves in a bind. When the central bank announced a slew of monetary easing measures and the Politburo promised greater “countercyclical support” in
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China’s big election is right around the corner. Otherwise known as the US Presidential election, it’s all but guaranteed to be a Trump-Biden rematch, ensuring that China will be dealing with a familiar face in the White House come next January. The obvious question: Who does Beijing prefer? The short answer: Neither. Both options are fraught with danger. Biden’s relatively
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China and the West could be on the precipice of a critical minerals trade war. The risk of losing access to key Chinese mineral exports has weighed on companies and governments worldwide since July 2023, when China launched its first tit-for-tat mineral export restrictions on gallium and germanium in response to US-led tech controls. In the months since, China has
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Senior officials are finally getting serious about addressing the country’s longstanding local government debt challenges. The turning point: On July 24, the Politburo met for its quarterly discussion of the Chinese economy. In the readout of the meeting, the Politburo said it would soon roll out a “basket of measures” to defuse risks arising from local government debt. A coordinated effort
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When Trivium was first launched in 2017, it was more of a social club for China analysts than a business. Couple of us sat in a tiny office talking shop, writing a free newsletter that no one was reading, and considering the merits of maybe, you know, getting some paying clients. Sometimes it still baffles us that, seven years later,
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