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Trivium ChinaAndrew Polk2026-06-06
Rethinking technology export controls | The weekly recap

When most people think of China's export controls, they think of dual-use controls – the dramatic, headline-grabbing restrictions on critical mineral products like gallium, graphite, and most famously, rare earths. Beijing has famously depl

Trivium ChinaAndrew Polk2026-06-05
Podcast | Can asset revitalization save local government finances?

China’s local governments have spent the past four years grappling with the fallout from the property market collapse. Land sales have dried up, fiscal pressures remain intense, and officials across the country are still searching for susta

Trivium ChinaAndrew Polk2026-06-05
Provinces to raise SOE profit remittances over medium term

Taking a page out of the central government playbook, provincial authorities are planning to increase the proportion of profits extracted from state-owned enterprises (SOE). Per provincial Five-Year Plans (FYP) (2026-2030) (Yicai): Guangdon

Trivium ChinaAndrew Polk2026-06-05
China lowers fuel price caps

Beijing is increasingly confident in its approach to weathering the Strait of Hormuz oil shock. The macro planner (NDRC) cut domestic refined fuel price ceilings in its June 4 update. Gasoline price caps were cut by RMB 525 to RMB 9,640 per

Trivium ChinaAndrew Polk2026-06-05
EU and China agree to trade talks

Brussels and Beijing are going to give dialogue another chance. On June 4, EU Trade Commissioner Maroš Šefčovič met with China’s top trade negotiator Li Chenggang in Paris. Some context: Beijing and Brussels are on the cusp of an honest-to-

Trivium ChinaAndrew Polk2026-06-05
Beijing lets workers share idle medical accounts across provinces

Beijing wants workers’ dormant health-account savings to do more for families. On June 5, the healthcare administration (NHSA) and finance ministry issued trial procedures for cross-provincial "mutual aid" using employee medical-insurance p

Trivium ChinaAndrew Polk2026-06-04
Unitree Robotics clears regulatory hurdle for IPO

What happened: On June 1, humanoid robotics champ Unitree passed its STAR Market IPO review, just 73 days after the Shanghai Stock Exchange accepted its application. This will mark the second deal under the STAR Market's new "pre-review" fa

Trivium ChinaAndrew Polk2026-06-04
CAC pursues “small, fast, flexible” approach to AI regulation

What happened: On June 3, the CAC's legal bureau published an official explainer laying out the rationale behind the recently-finalized rules on human-like AI services. What caught our eye: The piece underscores yet again that China must ta

Trivium ChinaAndrew Polk2026-06-04
Policy advisor criticizes AI safety practices

In the latest issue of CAC's official magazine, China Cyberspace, Zhou Bowen, director of the Shanghai Artificial Intelligence Laboratory, argued that China needs to stop treating AI safety as an afterthought. The problem, as Zhou sees it:

Trivium ChinaAndrew Polk2026-06-04
SAIC to increase manufacturing capacity in Spain

SAIC – China’s second-largest automaker – is building a EUR 200 million auto plant in Galicia, Spain (Reuters). The plant – which will primarily manufacture EVs – is expected to produce up to 120,000 vehicles annually under the MG brand whe