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Macro

August 3, 2020

Leveling off

Aaaaaand at last. Your daily coronavirus update. Over the weekend, China reported (NHC): 45 new confirmed cases on Friday – of which, six were imported, 31 were in Xinjiang, and eight were in Dalian. 49 new confirmed cases on Saturday – of which,16 were imported, 30 were in Xinjiang, and three were… Username Password Remember… Read More »

Aaaaaand at last. Your daily coronavirus update.
Over the weekend, China reported (NHC):

45 new confirmed cases on Friday – of which, six were imported, 31 were in Xinjiang, and eight were in Dalian.
49 new confirmed cases on Saturday – of which,16 were imported, 30 were in Xinjiang, and three were...

sources

NHC: 截至8月2日24时新型冠状病毒肺炎疫情最新情况

NHC: 截至8月1日24时新型冠状病毒肺炎疫情最新情况

NHC: 截至7月31日24时新型冠状病毒肺炎疫情最新情况

Gov.cn: 截至8月2日24时新疆(含兵团)新型冠状病毒肺炎疫情最新情况

August 3, 2020

New draft of encouraged FDI catalogue released

Last Friday, the National Development and Reform Commission (NDRC) and the Ministry of Commerce (MofCom) released the draft version of the 2020 Encouraged Industries for Foreign Investment Catalogue. The draft is open for public commentuntil August 30. Some context:Updated from its 2019 version (s…

Last Friday, the National Development and Reform Commission (NDRC) and the Ministry of Commerce (MofCom) released the draft version of the 2020 Encouraged Industries for Foreign Investment Catalogue.

The draft is open for public commentuntil August 30.

Some context:Updated from its 2019 version (s...

sources

MofCom: 国家发展改革委商务部关于《鼓励外商投资产业目录（2020年版）（征求意见稿）》公开征求意见的通知

August 3, 2020

MIIT gets a new boss

On Friday,Xiao Yaqing took over as Party secretary of the Ministry of Industry and Information Technology (MIIT). Xiao is taking the reins from formerMIIT Party secretary and minister Miao Wei, who is stepping down afterreachingthe mandatory retirement age of 65. What to watch:With this promotion …

On Friday,Xiao Yaqing took over as Party secretary of the Ministry of Industry and Information Technology (MIIT).

Xiao is taking the reins from formerMIIT Party secretary and minister Miao Wei, who is stepping down afterreachingthe mandatory retirement age of 65.

What to watch:With this promotion ...

sources

People.cn: 肖亚庆任工业和信息化部党组书记(图/简历)

August 3, 2020

Politburo studies military modernization

You know what time it is? It’s Politburo study session time. The topic: Military modernization. At a session last Thursday, Xi Jinping told the pen-and-notebook-ready group that he sees threats to the Party and the country in the changing global order (Xinhua): “Noting that the world today is …

You know what time it is? It’s Politburo study session time.
The topic: Military modernization.
At a session last Thursday, Xi Jinping told the pen-and-notebook-ready group that he sees threats to the Party and the country in the changing global order (Xinhua):

“Noting that the world today is ...

sources

Gov.cn: 习近平主持中央政治局第二十二次集体学习并讲话

Xinhua: Xi Focus: Xi stresses modernization of national defense, armed forces

August 3, 2020

Leveling off

Aaaaaand at last. Your daily coronavirus update.
Over the weekend, China reported (NHC):

sources

NHC: 截至8月2日24时新型冠状病毒肺炎疫情最新情况

NHC: 截至8月1日24时新型冠状病毒肺炎疫情最新情况

NHC: 截至7月31日24时新型冠状病毒肺炎疫情最新情况

Gov.cn: 截至8月2日24时新疆(含兵团)新型冠状病毒肺炎疫情最新情况

August 3, 2020

New draft of encouraged FDI catalogue released

Last Friday, the National Development and Reform Commission (NDRC) and the Ministry of Commerce (MofCom) released the draft version of the 2020 Encouraged Industries for Foreign Investment Catalogue. The draft is open for public comment until August 30. Some context: Updated from its 2019 version,…

Last Friday, the National Development and Reform Commission (NDRC) and the Ministry of Commerce (MofCom) released the draft version of the 2020 Encouraged Industries for Foreign Investment Catalogue.

The draft is open for public comment until August 30.

Some context: Updated from its 2019 version,...

sources

Gov.cn: 国家发展改革委商务部关于《鼓励外商投资产业目录（2020年版）（征求意见稿）》公开征求意见的通知

August 3, 2020

MIIT gets a new boss

On Friday, Xiao Yaqing took over as Party secretary of the Ministry of Industry and Information Technology (MIIT). Xiao is taking the reins from former MIIT Party secretary and minister Miao Wei, who is stepping down after reaching the mandatory retirement age of 65. What to watch: With this promo…

On Friday, Xiao Yaqing took over as Party secretary of the Ministry of Industry and Information Technology (MIIT).

Xiao is taking the reins from former MIIT Party secretary and minister Miao Wei, who is stepping down after reaching the mandatory retirement age of 65.

What to watch: With this promo...

sources

People.cn: 肖亚庆任工业和信息化部党组书记(图/简历)

August 3, 2020

Politburo studies military modernization

You know what time it is? It’s Politburo study session time.
The topic: Military modernization.
At a session last Thursday, Xi Jinping told the pen-and-notebook-ready group that he sees threats to the Party and the country in the changing global order (Xinhua):

“Noting that the world today is ...

sources

Gov.cn: 习近平主持中央政治局第二十二次集体学习并讲话

Xinhua: Xi Focus: Xi stresses modernization of national defense, armed forces

August 3, 2020

Banks get some breathing room

It’s official! China’s banks will have another year to comply with the new-(ish) wealth management rules. The rules, issued in April 2018, were due to take effect in December. But on Friday, the central bank (PBoC) said that banks would have until the end of 2021 to comply. Some context:&nbsp…

It’s official!
China’s banks will have another year to comply with the new-(ish) wealth management rules.

The rules, issued in April 2018, were due to take effect in December.
But on Friday, the central bank (PBoC) said that banks would have until the end of 2021 to comply.

Some context: ...

sources

PBoC: 优化资管新规过渡期安排引导资管业务平稳转型

Caixin: Central Bank Delays New Rules for $12.9 Trillion WMP Industry

July 31, 2020

I (don’t) wanna hold your hand

This morning, the National Health Commission (NHC) dropped the latest COVID-19 numbers. On Thursday, China reported 127 new confirmed cases – up slightly from 105 on Wednesday (NHC): Only four of the cases were imported from abroad – up from three on Wednesday. The other 123 were all domestically t…

This morning, the National Health Commission (NHC) dropped the latest COVID-19 numbers.
On Thursday, China reported 127 new confirmed cases – up slightly from 105 on Wednesday (NHC):

Only four of the cases were imported from abroad – up from three on Wednesday.
The other 123 were all domestically t...

sources

NHC: 截至7月30日24时新型冠状病毒肺炎疫情最新情况

Gov.cn: 截至7月30日24时新疆(含兵团)新型冠状病毒肺炎疫情最新情况

Gov.cn: 2020年7月30日0时至24时辽宁新型冠状病毒肺炎疫情情况

July 31, 2020

We can work it out

Reading the news, it’s easy to get the sense that there’s only wrath and rancor between Washington and Beijing these days…and that’s pretty much spot on. But there are some voices on the Chinese side calling for reconciliation. Those voices: Ambassador to the United States Cui Tiankai Ambassador to…

Reading the news, it’s easy to get the sense that there’s only wrath and rancor between Washington and Beijing these days…and that’s pretty much spot on.
But there are some voices on the Chinese side calling for reconciliation.
Those voices:

Ambassador to the United States Cui Tiankai
Ambassador to...

sources

Politico: China and the U.S. Should Reset Their Relationship

Reuters: China says U.S. fuelling new Cold War due to presidential election

July 31, 2020

With a little help from my friends

On July 28, Xi Jinping presided over a forum attended by China’s non-Communist political parties. What’s that now? Believe it or not, China has eight other political parties, though all of them acknowledge the leadership of the CCP. The eight independent parties play a small but important advisory …

On July 28, Xi Jinping presided over a forum attended by China’s non-Communist political parties.
What’s that now?

Believe it or not, China has eight other political parties, though all of them acknowledge the leadership of the CCP.
The eight independent parties play a small but important advisory ...

sources

People's Daily: 中共中央召开党外人士座谈会

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