string(13) "markets-macro"

Macro

August 22, 2024

Quick Take | China’s finally shifting to carbon emission controls

Beijing is undertaking a big change in how it promotes the green transition. ICYDK: Since 2016, China has employed dual energy controls, assessing each layer of government performance based on energy consumed and consumption intensity (energy per unit of GDP). On August 2, the State Council released… Username Password Remember Me Forgot Password

Beijing is undertaking a big change in how it promotes the green transition.
ICYDK: Since 2016, China has employed dual energy controls, assessing each layer of government performance based on energy consumed and consumption intensity (energy per unit of GDP).
On August 2, the State Council released...

sources

Gov.cn: 国务院办公厅关于印发《加快构建碳排放双控制度体系工作方案》的通知_其他_中国政府网

Gov.cn: 国家发展改革委有关负责同志就《加快构建碳排放双控制度体系工作方案》答记者问_政策解读_中国政府网

August 22, 2024

China’s largest pension fund eyes venture investments

China’s largest pension fund may increase its investments in tech startups. Ding Xuedong, head of the National Social Security Fund (NSSF), hinted at this in a Monday article, where he said: “We must continue to increase our….long-term equity investments in strategic, fundamental sectors…and …

China’s largest pension fund may increase its investments in tech startups.
Ding Xuedong, head of the National Social Security Fund (NSSF), hinted at this in a Monday article, where he said:

“We must continue to increase our….long-term equity investments in strategic, fundamental sectors…and ...

sources

NSSF: 党组书记丁学东在《学习时报》刊发署名文章：以新担当新作为开创社保基金事业改革创新发展新局面

NSSF: 全国社会保障基金理事会基本养老保险基金受托运营年度报告(2022年度)

American Investment Council: Private Equity Strengthens Pensions

Sina: 两会声音｜金李：建议提高社保基金支持创业投资比例限制

August 22, 2024

Vietnam draft data law takes cues from China

China’s “Important Data” regulatory system is globally unique. But perhaps not for much longer. On July 1, Vietnam published a draft of its new Data Law – and it looks pretty darn familiar in how it handles security and exports. Case in point, the draft law creates a risk-based classification syst…

China’s “Important Data” regulatory system is globally unique.

But perhaps not for much longer.

On July 1, Vietnam published a draft of its new Data Law – and it looks pretty darn familiar in how it handles security and exports.
Case in point, the draft law creates a risk-based classification syst...

sources

Law Vietnam: Dự thảo Luật Dữ liệu

August 22, 2024

Beijing’s AI+ Plan

Policymakers want AI-powered everything. On Sunday, Beijing municipality released its “AI+” two-year action plan. Some context: The government teased AI+ in the March Government Work Report. We speculated the program would resemble the 2015 “Internet +” initiative, which sought to marry traditional …

Policymakers want AI-powered everything.
On Sunday, Beijing municipality released its “AI+” two-year action plan.
Some context: The government teased AI+ in the March Government Work Report.
We speculated the program would resemble the 2015 “Internet +” initiative, which sought to marry traditional ...

sources

People.cn: 北京发布“人工智能+”行动计划

August 21, 2024

A new tool for managing the housing glut?

Local governments might soon be cleared to issue bonds to tackle China’s housing glut. On Tuesday, Bloomberg reported that authorities are considering having local governments use funds raised from special-purpose bonds (SPBs) to purchase developers’ unsold housing inventory. ICYDK: Local government…

Local governments might soon be cleared to issue bonds to tackle China’s housing glut.
On Tuesday, Bloomberg reported that authorities are considering having local governments use funds raised from special-purpose bonds (SPBs) to purchase developers’ unsold housing inventory.
ICYDK: Local government...

sources

Bloomberg: China May Let Local Governments Sell Bonds to Buy Homes

August 21, 2024

Debating consumption tax reform

Back in July, the Party’s Third Plenum outlined broad contours of fiscal reform, but there’s still plenty of debate among officials around the details. Case in point: The Plenum announced plans to collect consumption taxes at the shopfront rather than the factory gate – and gradually turn them into …

Back in July, the Party's Third Plenum outlined broad contours of fiscal reform, but there’s still plenty of debate among officials around the details.
Case in point: The Plenum announced plans to collect consumption taxes at the shopfront rather than the factory gate – and gradually turn them into ...

sources

CF40: 财税体制改革滚石上山

August 21, 2024

Xi meets Fijian PM

China wants a reset in the Pacific. On Tuesday, Xi Jinping met with Fijian Prime Minister Sitiveni Rabuka, wrapping up the latter’s ten-day visit to China. Some context: Relations have been through a rough patch recently. In 2022, Fiji and other regional countries rejected a wide-ranging security a…

China wants a reset in the Pacific.
On Tuesday, Xi Jinping met with Fijian Prime Minister Sitiveni Rabuka, wrapping up the latter’s ten-day visit to China.
Some context: Relations have been through a rough patch recently.

In 2022, Fiji and other regional countries rejected a wide-ranging security a...

sources

MoFA: 习近平会见斐济总理兰布卡

MoFA: 中华人民共和国和斐济共和国联合声明（全文）

Reuters: China's Xi backs Fijian PM's Pacific plan ahead of regional meeting

August 21, 2024

Xi hails Team China’s performance at Olympics

On Tuesday, Xi Jinping and other top officials celebrated Team China’s performance at the Paris Olympics at an event in Beijing. Some context: Team China clinched 40 gold, 27 silver, and 24 bronze medals in Paris, marking the best performance since the Beijing Olympics in 2008. What stands out to us…

On Tuesday, Xi Jinping and other top officials celebrated Team China’s performance at the Paris Olympics at an event in Beijing.
Some context: Team China clinched 40 gold, 27 silver, and 24 bronze medals in Paris, marking the best performance since the Beijing Olympics in 2008.
What stands out to us...

sources

Xinhua: 习近平在接见第33届奥运会中国体育代表团时强调戒骄戒躁再接再厉为建设体育强国再立新功

AP: China hits back at the US in response to doping allegations dogging its swimmers

Xinhua: 中国体育代表团总结大会：取得历史突破尽显青春风采

August 21, 2024

Democracy is whatever you want it to be

The world could learn a lot from China’s governance system. That’s what Xi Jinping said in a Tuesday meeting with a delegation from the Inter-Parliamentary Union (IPU). The delegation was in Beijing to mark the 40th anniversary of China’s IPU membership. Some context: The IPU is an international o…

The world could learn a lot from China’s governance system.
That’s what Xi Jinping said in a Tuesday meeting with a delegation from the Inter-Parliamentary Union (IPU).

The delegation was in Beijing to mark the 40th anniversary of China’s IPU membership.

Some context: The IPU is an international o...

sources

Xinhua: Xi says China to continue to support NPC in deepening exchanges with IPU

August 21, 2024

Party focused on what can be, unburdened by what has been

The Party’s top brass wants to cut the lower rungs of the hierarchy some slack. On Tuesday, Cai Qi – Xi Jinping’s chief of staff and the Party’s fifth-ranked official – chaired a meeting in Beijing on reducing formalism and easing the burdens on grassroots-level officials. ICYDK: The Party seems to …

The Party’s top brass wants to cut the lower rungs of the hierarchy some slack.
On Tuesday, Cai Qi – Xi Jinping’s chief of staff and the Party’s fifth-ranked official – chaired a meeting in Beijing on reducing formalism and easing the burdens on grassroots-level officials.
ICYDK: The Party seems to ...

sources

CCTV: [视频]中央层面整治形式主义为基层减负专项工作机制会议在京召开蔡奇主持并讲话

August 21, 2024

Li Qiang vows more support for innovative SMEs

On Monday, Premier Li Qiang presided over an executive meeting of the State Council. Mostly, the meeting was about accelerating the opening up of the service sector. But this also caught our eye: The meeting reiterated – for the zillionth time – that Beijing wants to see policymakers rowing in the…

On Monday, Premier Li Qiang presided over an executive meeting of the State Council.
Mostly, the meeting was about accelerating the opening up of the service sector.
But this also caught our eye: The meeting reiterated – for the zillionth time – that Beijing wants to see policymakers rowing in the...

sources

People.cn: 李强主持召开国务院常务会议

August 21, 2024

Premier Li eyes more opening of services

On Monday, Premier Li Qiang chaired a State Council executive meeting. Top of the agenda: Service sector opening. The meeting called for the speedy opening of the service sector to foreign investors: “[We must] expedite the opening up of service sectors such as telecommunications, education, and he…

On Monday, Premier Li Qiang chaired a State Council executive meeting.
Top of the agenda: Service sector opening.
The meeting called for the speedy opening of the service sector to foreign investors:

"[We must] expedite the opening up of service sectors such as telecommunications, education, and he...

sources

Xinhua: 李强主持召开国务院常务会议

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162