Beijing Policy

Consumer spending has finally collapsed in China

June 17, 2026June 16, 2026 by China Factor Staff

Booming exports fueled by state-funded subsidies are crashing into a domestic slump

LandSpace recovers Zhuque-3 booster, then loses it to post-landing fire
Zhipu’s GLM-5.3-Flash runs on ~100,000 Chinese chips — and confirms the ‘Ox’ mystery model
‘Toothless’ ASEAN is losing its faith in the US
Trade tensions with Beijing reach a ‘breaking ‘point’
China and the US draw up the final frontier battle lines