string(13) "markets-macro"

Macro

May 28, 2020

Lawmakers call for health system revamp

This morning, the National Health Commission (NHC) released the latest COVID-19 numbers. More good news (NHC): On May 27, there were only two confirmed COVID-19 cases, imported from abroad into Shanghai and Fujian. That’sfour consecutive days of zero domestically-transmitted cases. Only three … Username Password Remember Me Forgot Password

That’sfour consecutive days of zero domestically-transmitted cases.
Only three ...

sources

NHC: 截至5月27日24时新型冠状病毒肺炎疫情最新情况

Xinhua: 十三届全国人大三次会议收到代表议案506件收到代表建议约9000件

May 27, 2020

Airlines thrown some love

On Monday, the Ministry of Finance and the Civil Aviation Administration issued a notice to compensate airlines for costs associated with international cargo shipping. The deets: Between April 1 to June 30, Chinese airlines will be compensated for 80% of their costs to convert passenger airplanes i…

On Monday, the Ministry of Finance and the Civil Aviation Administration issued a notice to compensate airlines for costs associated with international cargo shipping.
The deets:

Between April 1 to June 30, Chinese airlines will be compensated for 80% of their costs to convert passenger airplanes i...

sources

CAAC: 关于对民航运输企业在疫情防控期间稳定和提升国际货运能力实施资金支持政策的通知

May 27, 2020

Xi tells PLA to get ready

On Tuesday, Xi sat down with the People’s Liberation Army delegation to the National People’s Congress. Xi’s message: The world is an increasingly dangerous place (Xinhua). “The epidemic has brought a profound impact on the global landscape and on China’s security and development as well.” Xi…

On Tuesday, Xi sat down with the People’s Liberation Army delegation to the National People’s Congress.
Xi’s message: The world is an increasingly dangerous place (Xinhua).

“The epidemic has brought a profound impact on the global landscape and on China’s security and development as well.”

Xi...

sources

Xinhua: Xi Focus: Xi emphasizes strengthening national defense, armed forces

Gov.cn: 习近平：在常态化疫情防控前提下扎实推进军队各项工作坚决实现国防和军队建设2020年目标任务

May 27, 2020

A capital idea

This one has been a long time coming: On Tuesday, People’s Bank of China Governor, Yi Gang, said that the central bank (PBoC) will help China’s banks recapitalize. In a wide-ranging interview posted on the PBoC’s website, Yi re-trod well-worn territory, focusing on what the central bank is doing t…

This one has been a long time coming:

On Tuesday, People’s Bank of China Governor, Yi Gang, said that the central bank (PBoC) will help China’s banks recapitalize.

In a wide-ranging interview posted on the PBoC’s website, Yi re-trod well-worn territory, focusing on what the central bank is doing t...

sources

PBoC: PBoC 中国人民银行行长易纲在“两会”期间就重点问题接受《金融时报》《中国金融》记者采访

May 27, 2020

PBoC to get updated marching orders

China’s central bank (PBoC) law is about to get an update. On Monday, the National People’s Congress (NPC) announced the law is on the agenda for this year. It’s about time:The law was last revised in 2003 – a lot has changed since then. For those that don’t know, the law was first passed in… Read More »

China’s central bank (PBoC) law is about to get an update.

On Monday, the National People’s Congress (NPC) announced the law is on the agenda for this year.

It’s about time:The law was last revised in 2003 – a lot has changed since then.

For those that don’t know, the law was first passed in 1995...

sources

21st Century Biz: 今年将修改人民银行法宏观审慎、监管协调等职责有望入法

Bloomberg: China Plans to Revise Law Governing the Central Bank This Year

May 27, 2020

I don’t know but I been told, this COVID thing is getting old

This morning, the National Health Commission (NHC) reported the latest COVID-19 numbers. There’s good news (NHC): On May 26, China only reported one confirmed COVID-19 case, imported from abroad into Shanghai. China has not had any domestically-transmitted cases for three consecutive days. Onl…

This morning, the National Health Commission (NHC) reported the latest COVID-19 numbers.
There’s good news (NHC):

On May 26, China only reported one confirmed COVID-19 case, imported from abroad into Shanghai.
China has not had any domestically-transmitted cases for three consecutive days.
Onl...

sources

NHC: 截至5月26日24时新型冠状病毒肺炎疫情最新情况

The Paper: 牡丹江2天新增7例无症状感染者：高三再停课，公路客运停运

Xinhua: Xi Focus: Xi emphasizes strengthening national defense, armed forces

May 26, 2020

The case of the missing adjective

Eagle-eyed readers may have noticed an interesting omission from the Government Work Report (GWR). Namely, a reference to the “peaceful” reunification of Taiwan with the mainland. Important context: Previous GWRs have contained the set phrase implying Beijing’s preference for a peaceful resol…

Eagle-eyed readers may have noticed an interesting omission from the Government Work Report (GWR).

Namely, a reference to the “peaceful” reunification of Taiwan with the mainland.

Important context: Previous GWRs have contained the set phrase implying Beijing’s preference for a peaceful resol...

sources

Sina: 今年政府工作报告为何没提“九二共识”？

China Daily: Senior Chinese leaders attend deliberations at annual legislative session

May 26, 2020

NPC lays out ambitious legislative plan

On Monday, National People’s Congress (NPC) Chairman Li Zhanshu delivered the NPC’s annual work report. The NPC will prioritize the drafting of 10 new laws: Yangtze River Protection Law Rural Revitalization Promotion Law Futures Law Hainan Free Trade Port Law Social Assistance Law Veterans Protecti…

On Monday, National People’s Congress (NPC) Chairman Li Zhanshu delivered the NPC’s annual work report.
The NPC will prioritize the drafting of 10 new laws:

Yangtze River Protection Law
Rural Revitalization Promotion Law
Futures Law
Hainan Free Trade Port Law
Social Assistance Law
Veterans Protecti...

sources

People.cn: 全国人民代表大会常务委员会工作报告全文

May 26, 2020

Xi gives Hubei some love

On Sunday, Xi Jinping sat down with the Hubei delegation to the National People’s Congress. He kicked things off by acknowledging the struggles that the province has faced in dealing with COVID-19 (Xinhua): “The people of Hubei and the people of Wuhan deserve to be called heroes.” Now that the vir…

“The people of Hubei and the people of Wuhan deserve to be called heroes.”

Now that the vir...

sources

Xinhua: 习近平参加湖北代表团审议

May 26, 2020

COVID-19 testing needs an upgrade

This morning, the National Health Commission (NHC) dropped the latest stats on COVID-19 numbers. On May 25, China reported (NHC): Seven new confirmed COVID-19 cases, all of which were imported from abroad 29 new asymptomatic cases, down from 40 the day before That makes 18 new confirmed cases in t…

This morning, the National Health Commission (NHC) dropped the latest stats on COVID-19 numbers.
On May 25, China reported (NHC):

Seven new confirmed COVID-19 cases, all of which were imported from abroad
29 new asymptomatic cases, down from 40 the day before

That makes 18 new confirmed cases in t...

sources

NHC: 截至5月25日24时新型冠状病毒肺炎疫情最新情况

Gov.cn: 武汉市新冠肺炎疫情动态（2020年5月24日）

The Paper: 武汉开展集中核酸检测十日：累计新增218例无症状感染者

Gov.cn: Premier Li stresses nucleic acid test upgrading

May 25, 2020

Han Zheng doubles down on HK security law

On Saturday, Executive Vice Premier Han Zheng sat down with Chinese People’s Political Consultative Conference (CPPCC) delegates from Hong Kong. Top of the agenda: The legislature’s draft resolution on “establishing and improving the legal system and implementation mechanism for the safeguarding of …

On Saturday, Executive Vice Premier Han Zheng sat down with Chinese People’s Political Consultative Conference (CPPCC) delegates from Hong Kong.
Top of the agenda: The legislature’s draft resolution on “establishing and improving the legal system and implementation mechanism for the safeguarding of ...

sources

Takunpao: 韩正：香港国安法惩治极少数保护绝大多数

CGTN: Vice Premier Han Zheng encourages advisers from HKSAR to fulfill duties

SCMP: Two sessions: national security law will not damage Hong Kong’s freedoms, Chinese foreign minister says

SCMP: Tear gas fired, arrests made as thousands protest against Beijing’s planned national security law for Hong Kong

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