string(13) "markets-macro"

Macro

July 19, 2017

Regulators can’t tame the property market

Property restrictions are working, but they are also not working. That’s our takeaway from the most recent housing price data released by the stats bureau. Basically, prices in Tier One cities are cratering. That’s because transactions in those cities have essentially been frozen via administra… Username Password Remember Me Forgot Password

Property restrictions are working, but they are also not working.
That’s our takeaway from the most recent housing price data released by the stats bureau.
Basically, prices in Tier One cities are cratering. That’s because transactions in those cities have essentially been frozen via administra...

sources

Reuters: China’s property market slows, Beijing prices down for first time since 2015

21st Century Biz: 一线城市房价环比平均首降，三四线继续领涨

July 19, 2017

A shorter shopping list for China’s overseas purchases

The hits just keep on coming. We previously highlighted that China’s outbound investment cratered in H1 2017, and the measures to control such investment will remain in place in H2. The latest evidence – on Tuesday a National Development and Reform Commission (NDRC) spokesman expressed the…

The hits just keep on coming.
We previously highlighted that China’s outbound investment cratered in H1 2017, and the measures to control such investment will remain in place in H2.
The latest evidence – on Tuesday a National Development and Reform Commission (NDRC) spokesman expressed the...

sources

SCIO: 国家发改委就宏观经济运行情况举行新闻发布会

Reuters: China cracks down on Dalian Wanda’s overseas deals: sources

July 19, 2017

Inside Xi Jinping’s head: thoughts on foreign policy

US-China relations are important to Xi Jinping, but there is much more to China’s foreign policy. A new essay in Qiushi by State Councilor Yang Jiechi outlines Xi’s thoughts on the matter (link below). Fundamentally, the strategy is to create a solid network of bilateral relationships&nbsp…

US-China relations are important to Xi Jinping, but there is much more to China’s foreign policy.
A new essay in Qiushi by State Councilor Yang Jiechi outlines Xi’s thoughts on the matter (link below).
Fundamentally, the strategy is to create a solid network of bilateral relationships ...

sources

Qiushi: 深入学习贯彻习近平总书记外交思想不断谱写中国特色大国外交新篇章

July 19, 2017

The Party’s must-see TV

Any serious China watcher needs to check out CCTV’s latest, greatest programming. It’s a ten-episode documentary called “Carry Reforms through to the End” that began Monday and will run over the next ten days (you can access episodes at the link below). What is it? A propaganda piece that revie…

Any serious China watcher needs to check out CCTV’s latest, greatest programming.
It’s a ten-episode documentary called “Carry Reforms through to the End” that began Monday and will run over the next ten days (you can access episodes at the link below).
What is it? A propaganda piece that revie...

sources

CCTV: Carry Reforms through to the End

Qiushi: 为全面深化改革伟业放歌——大型政论专题片《将改革进行到底》创作谈

Qiushi: 高举改革开放旗帜推动各项改革举措落地生根

July 19, 2017

Steeling for a financial earthquake?

Absolutely everyone is getting on board with directives from the National Financial Work Conference. In a bizarre release, even China’s Earthquake Administration says it is studying the outcomes of last weekend’s National Financial Work Conference (see link). You can’t make this stuff up. The positi…

Absolutely everyone is getting on board with directives from the National Financial Work Conference.
In a bizarre release, even China’s Earthquake Administration says it is studying the outcomes of last weekend’s National Financial Work Conference (see link).
You can’t make this stuff up.
The positi...

sources

CEA.gov: 中国地震局召开党组会议传达学习全国金融工作会议精神

July 18, 2017

Xi preps the team to negotiate in Washington

Wednesday kicks off the US-China Comprehensive Economic Dialogue in Washington, DC. In the run-up to that gathering, Xi Jinping chaired a meeting of the Central Leading Small Group for Financial and Economic Affairs (CLSGFEA). Want to take a stab at the meeting’s topic? Outlining a fairer and m…

Wednesday kicks off the US-China Comprehensive Economic Dialogue in Washington, DC.
In the run-up to that gathering, Xi Jinping chaired a meeting of the Central Leading Small Group for Financial and Economic Affairs (CLSGFEA).
Want to take a stab at the meeting’s topic? Outlining a fairer and m...

sources

People's Daily: 习近平主持召开中央财经领导小组第十六次会议强调营造稳定公平透明的营商环境加快建设开放型经济新体制

July 18, 2017

The CBRC falls in line

Back to basics. That’s the newest mantra from Guo Shuqing and the China Bank Regulatory Commission (CBRC) that he oversees. It’s a sign he is getting in line behind the new regulatory dynamics. If you need proof that the new financial coordinating body has teeth, here’s what Guo and the Party c…

Back to basics.
That’s the newest mantra from Guo Shuqing and the China Bank Regulatory Commission (CBRC) that he oversees. It’s a sign he is getting in line behind the new regulatory dynamics.
If you need proof that the new financial coordinating body has teeth, here’s what Guo and the Party c...

sources

21st Century Biz: 银监会：坚决服从国务院金融稳定发展委员会的领导

Caixin: 银监会：坚决服从金稳委领导配合央行履行管理职责

July 18, 2017

Regulators should be careful what they wish for

Of course, China’s regulators need to be careful what they wish for here. China’s markets are buying into the pending tighter regulation, and on Monday it wasn’t exactly pretty (SCMP): “In the mainland however, Chinese stocks tumbled on Monday, as top policy makers emphasised on curbing financial r…

Of course, China’s regulators need to be careful what they wish for here. China’s markets are buying into the pending tighter regulation, and on Monday it wasn’t exactly pretty (SCMP):

“In the mainland however, Chinese stocks tumbled on Monday, as top policy makers emphasised on curbing financial r...

sources

SCMP: China stocks fall most in seven months on “Black Monday”

July 18, 2017

Wang Qishan is helping Xi Jinping cement his legacy

We weren’t sure it was even possible. But Wang Qishan – the head of the Party’s disciplinary unit – has further politicized Party inspections. “Politics” will now be required to underpin the “actual business” of each cadre in the system. What does that mean? Cadres’ actions need to reflect the …

We weren’t sure it was even possible. But Wang Qishan – the head of the Party’s disciplinary unit – has further politicized Party inspections.
“Politics” will now be required to underpin the “actual business” of each cadre in the system.
What does that mean? Cadres’ actions need to reflect the ...

sources

CCDI: 中共中央关于修改《中国共产党巡视工作条例》的决定

CCDI: 王岐山：巡视是党内监督战略性制度安排彰显中国特色社会主义民主监督优势

July 17, 2017

Xi takes down a potential successor

Did you feel that? There was an earthquake in Chinese politics this weekend: Sun Zhengcai, Party Secretary of Chongqing, was removed from his post and is VERY likely under investigation. That is a HUGE deal. The investigation into Sun has not been officially announced yet, but: The WSJ reported it …

Did you feel that? There was an earthquake in Chinese politics this weekend:
Sun Zhengcai, Party Secretary of Chongqing, was removed from his post and is VERY likely under investigation.
That is a HUGE deal.
The investigation into Sun has not been officially announced yet, but:

The WSJ reported it ...

sources

WSJ: China Launches Probe Into Possible Xi Jinping Competitor

CQ Daily: 社会各界认真学习领会全市领导干部会议精神

July 17, 2017

Xi Jinping’s end game

So now what? Does this mean that Guangdong’s Hu Chunhua has an unimpeded path to General Secretary? We doubt it. Hu Chunhua is not a Xi Jinping man – he’s a protégé of Xi’s predecessor Hu Jintao. Given Xi’s penchant for control, it does not seem likely that he will cede power to a rival g…

So now what? Does this mean that Guangdong’s Hu Chunhua has an unimpeded path to General Secretary?
We doubt it. Hu Chunhua is not a Xi Jinping man – he’s a protégé of Xi’s predecessor Hu Jintao.
Given Xi’s penchant for control, it does not seem likely that he will cede power to a rival g...

July 17, 2017

Xi’s man takes charge in Chongqing

Chen Min’er. That’s who succeeded Sun Zhengcai in Chongqing. Get to know that name if you don’t already. Until Friday night, Chen served as Party secretary of Guizhou. That position already made him a candidate to succeed Xi Jinping in 2022. But he was a dark horse contender. Now, though, …

Chen Min’er. That’s who succeeded Sun Zhengcai in Chongqing.
Get to know that name if you don’t already.
Until Friday night, Chen served as Party secretary of Guizhou. That position already made him a candidate to succeed Xi Jinping in 2022. But he was a dark horse contender.
Now, though, ...

sources

Xinhua: 重庆市委主要负责同志职务调整

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162