string(13) "markets-macro"

Macro

September 14, 2020

Vice Premier visits Heilongjiang amid food security jitters

Over the weekend, Vice Premier Hu Chunhua visited some of China’s largest farms on a tour of Heilongjiang province. He also visited Sino-Russian development projects in the Jiamusi border region. This is the latest in a series of efforts to reassure the public that food security is well in hand. S… Username Password Remember Me… Read More »

Over the weekend, Vice Premier Hu Chunhua visited some of China’s largest farms on a tour of Heilongjiang province.

He also visited Sino-Russian development projects in the Jiamusi border region.

This is the latest in a series of efforts to reassure the public that food security is well in hand.
S...

sources

Gov.cn: 胡春华在黑龙江实地督导秋粮生产工作

Xinhua: 中国允许俄罗斯全境大豆进口黑龙江迎对俄农业开发合作新机遇

September 14, 2020

Premier calls out local protectionism

On Friday, Premier Li Keqiang chaired the National Meeting to Deepen Administrative Reforms and Improve the Business Environment. Some context: Li has held this meeting every year since 2015. Li sounded a familiar refrain (Gov.cn 2): “Talking about various restrictions, market access barriers …

On Friday, Premier Li Keqiang chaired the National Meeting to Deepen Administrative Reforms and Improve the Business Environment.
Some context: Li has held this meeting every year since 2015.
Li sounded a familiar refrain (Gov.cn 2):

“Talking about various restrictions, market access barriers ...

sources

Gov.cn: 李克强关于“放管服”改革的最新阐释

Gov.cn: Premier Li elaborates on administrative reform

September 14, 2020

Regulators tighten rules on financial conglomerates

On Sunday, the central bank (PBoC) released a newset of detailed rules to bring financial holding companies under closer regulatory oversight. Some context: Two weeks ago, we flagged that the State Council passed rules on financial holding companies. The PBoC is worried about risk contagion (PB…

On Sunday, the central bank (PBoC) released a newset of detailed rules to bring financial holding companies under closer regulatory oversight.
Some context: Two weeks ago, we flagged that the State Council passed rules on financial holding companies.
The PBoC is worried about risk contagion (PB...

sources

PBoC: 金融控股公司监督管理试行办法

PBoC: 中国人民银行有关负责人就《金融控股公司监督管理试行办法》答记者问

Caixin: 金控监管办法落地或拉开互金巨头整改大幕

Bloomberg: China Clamps Down on Finance Arms of Ant, Other Giants

September 14, 2020

Hurry up and innovate

At Friday’s scientific symposium (see previous entry), Xi had a clear message for China’s top scientists (Xinhua): “[Scientists] should […] focus on the frontiers of global science and technology, the primary economic battlefields, the needs of the country, and the health of the people.” “In partic…

At Friday’s scientific symposium (see previous entry), Xi had a clear message for China’s top scientists (Xinhua):

“[Scientists] should […] focus on the frontiers of global science and technology, the primary economic battlefields, the needs of the country, and the health of the people.”
“In partic...

sources

Xinhua: （受权发布）习近平：在科学家座谈会上的讲话

September 14, 2020

Xi assembles tech brain trust for 14th Five-Year Plan

It’s that time of the decade. Last Friday, Xi Jinping held a symposium with top scientists, industry leaders, and politicians to collect expert input on the upcoming 14th Five-Year Plan (FYP). The A-list crowd included: Xu Kuangdi, former president of the Chinese Academy of Engineering Yao Qizhi, d…

It’s that time of the decade.
Last Friday, Xi Jinping held a symposium with top scientists, industry leaders, and politicians to collect expert input on the upcoming 14th Five-Year Plan (FYP).
The A-list crowd included:

Xu Kuangdi, former president of the Chinese Academy of Engineering
Yao Qizhi, d...

sources

Xinhua: 习近平主持召开科学家座谈会并发表重要讲话

Xinhua: （受权发布）习近平：在科学家座谈会上的讲话

September 11, 2020

State Council issues new measures to improve business environment

On Thursday, the general office of the State Council released a notice with 12 measures to further improve the business environment. The notice aims to do that by streamlining business registration and regulatory supervision. More specifically, the notice pledges to: Make online services for corpor…

On Thursday, the general office of the State Council released a notice with 12 measures to further improve the business environment.
The notice aims to do that by streamlining business registration and regulatory supervision.
More specifically, the notice pledges to:

Make online services for corpor...

sources

Gov.cn: 国务院办公厅关于深化商事制度改革进一步为企业松绑减负激发企业活力的通知

Gov.cn: 国务院办公厅印发《关于深化商事制度改革进一步为企业松绑减负激发企业活力的通知》

Gov.cn: China to further business system reform

September 11, 2020

Xi phones Uruguay, Saudi Arabia

After a hiatus of several weeks, Xi Jinping got back to his old shenanigans on Wednesday, calling world leaders with messages of goodwill and cooperation. The lucky recipients of Xi’s warm wishes were: President Luis Lacalle Pou of Uruguay Saudi King Salman bin Abdulaziz Al Saud Xi tried out some …

President Luis Lacalle Pou of Uruguay
Saudi King Salman bin Abdulaziz Al Saud

Xi tried out some ...

sources

Gov.cn: Xi Jinping Speaks on the Phone with President Luis Lacalle Pou of Uruguay

Xinhua: Xi urges G20 to make COVID-19 vaccines affordable, available to all

CGTN: Xi Jinping holds phone talks with Uruguayan president, Saudi king separately

September 11, 2020

Don’t read too much into August’s credit growth jump

The monthly credit data for August has landed. At first glance, it looks like policymakers are putting their footon the credit pedal. Overall credit growth grew by 13.3% y/y in August, up from 12.9% in July. The 40bp m/m acceleration in the pace of growth wasthe most since May. Hold up:Things are …

The monthly credit data for August has landed.
At first glance, it looks like policymakers are putting their footon the credit pedal.

Overall credit growth grew by 13.3% y/y in August, up from 12.9% in July.
The 40bp m/m acceleration in the pace of growth wasthe most since May.

Hold up:Things are ...

sources

PBoC: 2020年8月社会融资规模存量统计数据报告

September 11, 2020

China and India agree to chill out

ICYMI: China’s long-simmering border dispute with India has been heating up in recent days. Earlier in the week, both sides accused the other of firing shots near contested territory in the Himalayas. Both sides have been increasing their military presence in the area (SCMP). Don’t forget:&nb…

ICYMI: China’s long-simmering border dispute with India has been heating up in recent days.

Earlier in the week, both sides accused the other of firing shots near contested territory in the Himalayas.
Both sides have been increasing their military presence in the area (SCMP).

Don’t forget:&nb...

sources

Gov.cn: 中印外长发表联合新闻稿，双方达成五点共识

India MEA: Joint Press Statement – Meeting of External Affairs Minister and the Foreign Minister of China (September 10, 2020)

SCMP: China-India border dispute: armed parachute drills by elite PLA forces point to military build-up

September 11, 2020

The vaccine race is on

Yesterday, state-owned pharmaceutical giant Sinopharm released a QA on its upcoming vaccines for COVID-19. Some context: Sinopharm is currently conducting phase III clinical trials on two inactivated vaccines for COVID-19 as well as running a strategy to scale up production. The company is lead…

Yesterday, state-owned pharmaceutical giant Sinopharm released a QA on its upcoming vaccines for COVID-19.
Some context: Sinopharm is currently conducting phase III clinical trials on two inactivated vaccines for COVID-19 as well as running a strategy to scale up production.
The company is lead...

sources

Sinopharm: 关于新冠灭活疫苗18个问题的最新答案

September 11, 2020

Liu He talks China-EU digital cooperation

Yesterday, Vice Premier Liu He co-chaired the first High-level Digital Dialogue with European Commission executive vice-president Margrethe Vestager. They touched on several subjects, including: ICT standard setting Artificial intelligence Product safety for products sold online Digital taxation Re…

Yesterday, Vice Premier Liu He co-chaired the first High-level Digital Dialogue with European Commission executive vice-president Margrethe Vestager.
They touched on several subjects, including:

ICT standard setting
Artificial intelligence
Product safety for products sold online
Digital taxation
Re...

sources

SCMP: China-EU relations: Liu He, Margrethe Vestager hold ‘constructive’ talks on global digital security

Gov.cn: 刘鹤同欧盟委员会执行副主席韦斯塔格共同主持中欧数字领域高层对话

European Commission: EU-China: Commission and China hold first High-level Digital Dialogue

September 11, 2020

Know your commander

The Party’s Central Committee and the Central Military Commission (CMC) recently issued new regulations on Party-building in the military. Readers know we love us some Party-building. Bummer town: The full text of the regs has not yet been released. Luckily, the political work department of t…

The Party’s Central Committee and the Central Military Commission (CMC) recently issued new regulations on Party-building in the military.

Readers know we love us some Party-building.

Bummer town: The full text of the regs has not yet been released.
Luckily, the political work department of t...

sources

People.cn: 《中国共产党军队党的建设条例》颁布

People.cn: 全面加强新时代军队党的建设——中央军委政治工作部领导就《中国共产党军队党的建设条例》答记者问

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162