The release of several new US models this week has pushed Chinese AI further away from the frontier. US AI labs appear to be eroding China's cost advantage too. But it is too soon to conclude that...

The recent overhaul of China’s housing presales system belatedly addresses some of the vulnerabilities that contributed to the country’s property downturn. But the changes only apply to new projects...

The PMIs suggest growth partially reversed July’s sharp slowdown last month. Construction activity weakened amid continued typhoon disruptions, but manufacturing activity rebounded thanks to strong...

The premium between the renminbi spot rate and the PBOC’s daily fix is now at its largest in over a decade, a sign that the central bank is becoming more resistant to further appreciation. The PBOC is...