# US–China Policy Research | Exclusive Insights

Source: https://aistim.cn/en/policy/
Language: en

Exclusive insights and research on US–China policy, trade, technology and industry.

## [China-US Policy Evening Brief: Nov 8 — China CPI Turns Positive, China-Canada Dialogue Resumes, Miller Takes Over as Chief of Staff](https://aistim.cn/en/policy/policy-20261109-689f859a)

2026-11-09 · AISTIM

China's October CPI rose 0.2% year-on-year; core CPI hit its highest since March 2024. The China-Canada dialogue resumes Nov 9 after eight years. Stephen Miller takes over as White House chief of staff Nov 9. US October CPI lands Nov 10, with a December Fed hike priced near 80%.

## [China-US Policy Evening Brief: Nov 7 — He-Bessent Call, Trump Names Miller Chief of Staff, Berkshire Q3 Out](https://aistim.cn/en/policy/policy-20261108-a5ec860e)

2026-11-08 · AISTIM

On Nov 6, He Lifeng held a video call with Bessent and Greer, with Beijing lodging solemn concern over US restrictions. Trump named Stephen Miller chief of staff, effective Nov 9. Markets price a roughly 79% chance of a December Fed hike. Berkshire's Q3 operating profit was $12.71 billion.

## [Nov 6 China–US Policy Brief: Jobs Beat Lifts December Hike Odds to ~78%; State Council Moves to Stabilize Markets](https://aistim.cn/en/policy/policy-20261107-b269cdd3)

2026-11-07 · AISTIM

US October payrolls jumped 165,000, far above forecasts, lifting December hike odds to ~77%–78%; Democrats were confirmed to have won both chambers of Congress; China's State Council moved to strengthen market-stabilization mechanisms; US stocks rebounded while A-shares fell; US-stock watch: Nvidia, TSMC and Broadcom.

## [Nov 5 US-China Policy Brief: Nasdaq Enters Correction as US Stocks Plunge, PBOC Scales Back Repo Rollover, Cook Hearing Moved to Dec 14](https://aistim.cn/en/policy/policy-20261106-09995f24)

2026-11-06 · AISTIM

On Nov 5 the PBOC scaled back its 3-month repo rollover by RMB 200 billion; Fed officials backed gradual hikes with December odds near 70%-83%; US stocks plunged, the Nasdaq fell 5.52% into correction and chip stocks sank 12.25%; US stocks to watch are Micron, SanDisk, Qualcomm and SK Hynix.

## [Nov 4 US-China Policy Brief: PBOC Cuts Buyback Loan Rate to 1%, Democrats Retake Congress, Dow Posts Best Day Since April](https://aistim.cn/en/policy/policy-20261105-a17314f1)

2026-11-05 · AISTIM

On Nov 4 the PBOC cut its stock buyback relending rate to 1% and raised the FX reserve ratio to 6% from Nov 15; Democrats won both chambers of Congress, December Fed hike odds held near 80%, and US stocks to watch are Microsoft, Broadcom and Nvidia.

## [Nov 3 China-US Policy Brief: 100 Billion Yuan Swap Facility, Midterm First Calls, AMD and Supermicro Beat](https://aistim.cn/en/policy/policy-20261104-8e3dd3b2)

2026-11-04 · AISTIM

China's third swap operation lands at 100 billion yuan at 10bp; overnight repos total 621 billion yuan; the NDRC unveils new-growth targets; US midterms yield first calls with House control undecided; December hike odds near 75%; watch AMD, Supermicro and Apple.

## [Nov 2 China-US Policy Brief: Capital-Market Support Package, Overnight Repo Anchor Debut, Midterms Eve](https://aistim.cn/en/policy/policy-20261103-df772bfc)

2026-11-03 · AISTIM

China's capital-market package lands with a November 3 swap operation and a buyback-loan cut to 1%; the overnight repo anchor debuts at 541 billion yuan; US midterms vote November 3; Apple and Palantir beat, AMD reports November 3.

## [Nov 1 China-US Policy Brief: PBOC Anchor Switch Takes Effect Nov 2, Midterms in Final 48 Hours](https://aistim.cn/en/policy/policy-20261102-e308d91e)

2026-11-02 · AISTIM

China's 1.25% overnight repo rate becomes the main policy rate on Nov 2; a new VAT withholding regime for individuals takes effect Nov 1; US midterms vote Nov 3 with polls and prediction markets favoring Democrats in the House; watchlist: Apple, Palantir and AMD report earnings this week.

## [Oct 31 China-US Policy Brief: PBOC Rate-Anchor Shift Explained, New Consumption Policies, Midterms 3 Days Out](https://aistim.cn/en/policy/policy-20261101-b802f912)

2026-11-01 · AISTIM

The PBOC's 1.25% overnight repo rate becomes the main policy rate from Nov 2; China issued consumption-infrastructure guidance and tightened trust rules; the US midterms vote Nov 3 with Democrats leading the generic ballot; watchlist: Apple, JPMorgan, CME Group, Netflix.

## [Oct 30 China–US Policy Brief: PBOC Switches Policy Anchor to Overnight 1.25%, BOJ Declares Inflation Target Met](https://aistim.cn/en/policy/policy-20261031-09f4c8fc)

2026-10-31 · AISTIM

The PBOC switches its policy anchor to the overnight repo at 1.25% from November 2; the BOJ holds at 1.25% and declares underlying inflation at its 2% target for the first time; US Q3 labor costs rise 0.8% as Fed officials talk up December hikes; watchlist: ExxonMobil, Chevron, ServiceNow, BP.

## [Oct 29 China–US Policy Brief: Fifth Plenary Communiqué, US Q3 GDP at 3.4%, September PCE at 3.6%](https://aistim.cn/en/policy/policy-20261030-71542129)

2026-10-30 · AISTIM

China's Fifth Plenary communique was released on October 29, mortgage-subsidy first-month data showed second-hand home sales recovering while new-home sales stayed weak, US Q3 GDP grew 3.4% with September PCE at 3.6%, and the FCC voted to bar Chinese labs from testing US electronics; the US-stock watchlist covers Amazo

## [China–US Policy Brief (October 28): Fed Holds Rates, 800 Billion Yuan Policy Tool Fully Deployed, Microsoft and Alphabet Earnings Diverge](https://aistim.cn/en/policy/policy-20261029-eda4e8f6)

2026-10-29 · AISTIM

The Fed held rates at 3.75%–4.00% in a 10–2 vote on Oct 28, with Warsh announcing a strategy-only meeting from 2027; China completed its 800 billion yuan policy-tool deployment; Microsoft surged on 48% Azure growth while Alphabet fell on an earnings miss.