China Enhances Tax Revenue Supervision; Senate Passes S&T Law; China Passes Anti-Sanction Law; Apple's Private Relay; Huawei in Digital Energy Technology; Digital RMB in HK; Unicorns.

Intelligence and Insights on China's government actions, foreign policy, economy, and the capital markets.

We deliberate more extensively on the implications of China’s recent fiscal reform policy concerning land transactions.

The milestone Innovation and Competition Act mirrors some of the components of Made in China 2025, only launched 4 years later. Simultaneously, China passed the Sanction Law to legalize the use and procedure of sanctions, mirroring a U…