Twenty-nine countries signed the founding agreement of WAICO (World AI Cooperation Organisation) in Shanghai on 16 July 2026, in what Beijing calls the world’s first intergovernmental organisation dedicated to artificial intelligence. The agreement commits WAICO to 共商共建共享, ‘shared consultation, joint construction, shared benefit’, the formula Beijing has used for the Belt and Road Initiative since 2013, now applied to artificial intelligence.
Once a description of uneven post-pandemic recovery, the notion of a K-shaped economy has become an organising frame for PRC macro debate, increasingly common in commentary on the economy’s direction. The argument now turns on what is driving the divergence, and therefore what policy should do about it.
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WAICO: training the Global South
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same K, different diagnoses
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Beijing swaps credit quotas for market rules
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what's Beijing's response to NEV involution?
monitoring
recent commentary
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commercial bankingcorporate debtprivate capitalequitiesbonds...read more18 Aug 2026
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strategic and emerging industriesinstitutional voicesoft powerforeign policy rhetoricpolitical trendsmeetings and ceremonies...read more17 Aug 2026
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carbon market...read more14 Aug 2026
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strategic and emerging industrieshigher edscience and technologytech transfer, R&Dresearch institutesAI...read more13 Aug 2026
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Ma XiaoweiScience and Health Committee deputy director National Health Commission (NHC)
analysis
month in focus
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