string(13) "markets-macro"

Macro

February 13, 2020

China slowly, painfully gets back to work

On Tuesday, we told you that business in China was gradually beginning to revive (see February 11 Tip Sheet). The operative word there is “gradually.” New statistics show that enterprises with annual revenue above RMB 20 million are taking a while to get up and running. By February 11 in Sichu… Username Password Remember Me … Read More »

On Tuesday, we told you that business in China was gradually beginning to revive (see February 11 Tip Sheet).
The operative word there is “gradually.”
New statistics show that enterprises with annual revenue above RMB 20 million are taking a while to get up and running.

By February 11 in Sichu...

sources

Gov.cn: 四川省规上工业企业复工复产率达26.3%

Yicai: 山东：1.16万家规模以上工业企业复产

Yicai: 上海外企复工复产忙：在长三角一体化下解决供应链等问题

Xinhua: 国务院国资委最新数据显示：央企生产型子企业复工复产率超80%

February 13, 2020

Day of reckoning in Hubei

This morning, Hubei province, the epicenter of the coronavirus outbreak, recorded a sharp increase in the number of confirmed cases within the last 24 hours. The province logged a whopping 14,840 new cases – four times the previous record for daily new confirmed infections. What happened? The gov…

This morning, Hubei province, the epicenter of the coronavirus outbreak, recorded a sharp increase in the number of confirmed cases within the last 24 hours.

The province logged a whopping 14,840 new cases – four times the previous record for daily new confirmed infections.

What happened?

The gov...

sources

Xinhua: 湖北新增新冠肺炎病例为何大幅增加？

SCMP: Coronavirus: Hubei province reports spike in new confirmed cases and deaths after change in diagnostic criteria

February 13, 2020

State Council focused on getting the economy going

On Tuesday, Premier Li Keqiang did his thing – chairing the weekly State Council executive meeting. Top of the agenda: The coronavirus epidemic. But Li and co. focused most of their attention on getting the economy going. They called for more efforts to: Help businesses resume production and o…

On Tuesday, Premier Li Keqiang did his thing – chairing the weekly State Council executive meeting.
Top of the agenda: The coronavirus epidemic.
But Li and co. focused most of their attention on getting the economy going.
They called for more efforts to:

Help businesses resume production and o...

sources

Xinhua: 李克强主持召开国务院常务会议进一步部署在全力以赴抓好疫情防控同时加强经济运行调度和调节更好保障供给

Gov.cn: China to maintain economic, social progress while advancing epidemic control

February 13, 2020

PBoC going digital in a hurry

China’s central bank (PBoC) is getting serious about the rollout of its digital currency. That’s according to a great scoop by the Financial Times, which highlights the more than 80 patents the PBoC has recently filed as it looks to lock down the tech behind a virtual RMB: “The patents… include pro…

China’s central bank (PBoC) is getting serious about the rollout of its digital currency.
That’s according to a great scoop by the Financial Times, which highlights the more than 80 patents the PBoC has recently filed as it looks to lock down the tech behind a virtual RMB:

“The patents… include pro...

sources

FT: Patents reveal extent of China’s digital currency plans

February 13, 2020

PBSC meets on coronavirus outbreak

Yesterday, Xi Jinping chaired a meeting of the Politburo Standing Committee (PBSC). The agenda: How to get the virus under control How to get the economy up and running again Some context: This is the third time the PBSC has met to discuss the outbreak since January 21. On containing th…

Yesterday, Xi Jinping chaired a meeting of the Politburo Standing Committee (PBSC).
The agenda:

How to get the virus under control
How to get the economy up and running again

Some context: This is the third time the PBSC has met to discuss the outbreak since January 21.
On containing th...

sources

Xinhua: 中共中央政治局常务委员会召开会议分析新冠肺炎疫情形势研究加强防控工作中共中央总书记习近平主持会议

February 13, 2020

Head rolls at the HKMAO

Officials in Hubei aren’t the only ones coming in for scrutiny these days. The Party leadership is also displeased with the way officials have handled the Hong Kong crisis over the past year. That dissatisfaction already led to the replacement of the head of the Hong Kong Liaison Office in early Jan…

Officials in Hubei aren’t the only ones coming in for scrutiny these days.
The Party leadership is also displeased with the way officials have handled the Hong Kong crisis over the past year.
That dissatisfaction already led to the replacement of the head of the Hong Kong Liaison Office in early Jan...

sources

People.cn: 夏宝龙兼任国务院港澳事务办公室主任(图/简历)

February 13, 2020

Heads roll in Hubei

Officials in Hubei have been roundly criticized for their response to the coronavirus epidemic. Now heads are starting to roll. Following yesterday’s Politburo Standing Committee meeting (see entry #1), the Party has announced the dismissal of two top officials in Hubei. Jiang Chaoliang has be…

Officials in Hubei have been roundly criticized for their response to the coronavirus epidemic.
Now heads are starting to roll.
Following yesterday’s Politburo Standing Committee meeting (see entry #1), the Party has announced the dismissal of two top officials in Hubei.

Jiang Chaoliang has be...

sources

People.cn: 湖北省委主要负责同志职务调整

Guancha: 湖北省委主要负责同志职务调整应勇任湖北省委书记

February 13, 2020

China slowly, painfully gets back to work

On Tuesday, we told you that business in China was gradually beginning to revive (see February 11 Tip Sheet).
The operative word there is “gradually.”
New statistics show that enterprises with annual revenue above RMB 20 million are taking a while to get up and running.

By February 11 in Sichuan, 3...

sources

Gov.cn: 四川省规上工业企业复工复产率达26.3%

Yicai: 山东：1.16万家规模以上工业企业复产

Yicai: 上海外企复工复产忙：在长三角一体化下解决供应链等问题

Xinhua: 国务院国资委最新数据显示：央企生产型子企业复工复产率超80%

February 13, 2020

Day of reckoning in Hubei

This morning, Hubei province, the epicenter of the coronavirus outbreak, recorded a sharp increase in the number of confirmed cases within the last 24 hours.

The province logged a whopping 14,840 new cases – four times the previous record for daily new confirmed infections.

What happened?

The gov...

sources

Xinhua: 湖北新增新冠肺炎病例为何大幅增加？

SCMP: Coronavirus: Hubei province reports spike in new confirmed cases and deaths after change in diagnostic criteria

February 13, 2020

PBSC meets on coronavirus outbreak

Yesterday, Xi Jinping chaired a meeting of the Politburo Standing Committee (PBSC).
The agenda:

How to get the virus under control
How to get the economy up and running again

Some context: This is the third time the PBSC has met to discuss the outbreak since January 21.
On containing the viru...

sources

Xinhua: 中共中央政治局常务委员会召开会议分析新冠肺炎疫情形势研究加强防控工作中共中央总书记习近平主持会议

February 11, 2020

Xi’s new man in Wuhan

Beijing has a new man on the ground in Wuhan to oversee the disease prevention and control work. Chen Yixin, secretary-general of the Central Political and Legal Affairs Commission, was dispatched to the city on Saturday, February 8, 2020. Chen is no stranger to Wuhan. He was the city’s Party s…

Beijing has a new man on the ground in Wuhan to oversee the disease prevention and control work.
Chen Yixin, secretary-general of the Central Political and Legal Affairs Commission, was dispatched to the city on Saturday, February 8, 2020.
Chen is no stranger to Wuhan. He was the city’s Party s...

sources

The Paper: “大家好，我是陈一新。党中央决定：我担任中央指导组副组长，又能与你们一同战斗了！”

ECNS: Former Wuhan official to guide prevention and control efforts

SCMP: Xi Jinping security protégé to bolster China’s coronavirus task force

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