Peking Ensight
China biz news, industry analysis and government policy interpretation
- Indexed issues, last 90 days
- 7
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- Sep 30, 2026
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- Jul 26, 2026
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China fires policy salvo: first-ever mortgage subsidies, PSL rate cut, relending boost (opens the original)
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China has rolled out a fresh package of fiscal and monetary measures covering housing, infrastructure, technological upgrading and small businesses, sending a strong policy signal that authorities are stepping up targeted support to spur domestic demand and boost economic growth.The measures announced on Sept. 29 include interest subsidies for eligible commercial mortgages, a cut in the interest rate on pledged supplementary lending (PSL), an expansion of PSL-supported areas, and larger relendin
"China Shock" or "China Buffer"? (opens the original)
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There is no question that China’s economic scale, industrial rise and expanding global presence are reshaping the dynamics of the world economy. A transformation of such magnitude will inevitably bring adjustment, competition and pressure to certain sectors and economies. That is precisely why narratives such as the “China Shock” and “China Squeeze” are so easy to sell: they offer a simple and intuitive way to describe the change.But as many economists have argued and as growing evidence has sho
Beyond “price war”: China’s new guidance for carmakers operating abroad (opens the original)
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<img alt="" class="sizing-normal" height="819" src="https://substackcdn.com/image/fetch/$s_!mKi7!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F51c5bda9-9d36-4005-a810-6eab9b2804fd_1672x941.png"
China's innovation hubs are growing beyond cities (opens the original)
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China is moving innovation beyond the boundaries of individual cities, embracing a more coordinated regional approach that gives its leading technology hubs new room to flourish. By broadening the geographic scope, pooling resources, aligning policies and combining strengths, three of China’s top innovation engines are stepping onto a bigger stage.<a class="image-link image2 is-viewable-img" href="https://substackcdn.com/image/fetch/$s_!bkQW!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2
On target, upgrading, still the anchor: key messages on China's economy (opens the original)
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Over the past four days, People's Daily (Renmin Ribao), a flagship newspaper of the Communist Party of China (CPC), has run four articles under the byline "Zhong Caiwen(钟才文)," a pen name that is widely seen to speak for the Party's top economic decision-makers.<
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