string(13) "markets-macro"

Macro

July 11, 2024

They tried to make me sideline Russia, but I said no, no, no

NATO just called out China in a big way. On Wednesday, NATO released a communique following the alliance’s summit in Washington DC, calling China a “decisive enabler of Russia’s war against Ukraine.” The declaration criticized Beijing’s “no limits partnership” with Moscow and its “large-scale suppor… Username Password Remember Me Forgot Password

NATO just called out China in a big way.
On Wednesday, NATO released a communique following the alliance’s summit in Washington DC, calling China a “decisive enabler of Russia’s war against Ukraine.”
The declaration criticized Beijing’s “no limits partnership” with Moscow and its “large-scale suppor...

sources

NATO: Washington Summit Declaration

AP: NATO allies call China a ‘decisive enabler’ of Russia’s war in Ukraine

July 11, 2024

Sino-Bangladesh ties continue to deepen

Beijing is doubling down on cooperation with Bangladesh. On Wednesday, Xi Jinping met with Bangladesh’s long-time Prime Minister Sheikh Hasina. Some context: Bangladesh is one of the world’s biggest development success stories – with rapid growth propelling it from extreme poverty to an increasingly…

Beijing is doubling down on cooperation with Bangladesh.
On Wednesday, Xi Jinping met with Bangladesh’s long-time Prime Minister Sheikh Hasina.
Some context: Bangladesh is one of the world’s biggest development success stories – with rapid growth propelling it from extreme poverty to an increasingly...

sources

Time: Bangladesh Looks to China for $5 Billion Loan

Gov.cn: 习近平会见孟加拉国总理哈西娜

The Business Standard: Chinese PM announces 1 billion yuan for Bangladesh as economic assistance: Hasan Mahmud

July 11, 2024

Oil on troubled waters

Beijing has no time to lose getting to the bottom of the cooking oil scandal. ICYMI: On Tuesday, China’s inter-ministerial food safety commission launched an investigation into the use of contaminated tanker trucks to ship food-grade oil. Cooking oil companies are desperate to reassure consumers the…

Beijing has no time to lose getting to the bottom of the cooking oil scandal.
ICYMI: On Tuesday, China's inter-ministerial food safety commission launched an investigation into the use of contaminated tanker trucks to ship food-grade oil.
Cooking oil companies are desperate to reassure consumers the...

sources

The Paper: 多个食用油品牌发声！

The Standard: 卸完煤油裝食用油｜食安風暴捲全國內地網絡「去香港買油」成熱話

July 11, 2024

MofCom reaching deep into its tool box

On Wednesday, the Ministry of Commerce (MofCom) launched a “trade and investment barrier” investigation against the EU. Some context: The EU has launched a string of anti-subsidy and anti-dumping probes into Chinese industry, ranging from steel to wind turbines to security equipment. Some of these …

On Wednesday, the Ministry of Commerce (MofCom) launched a “trade and investment barrier” investigation against the EU.
Some context: The EU has launched a string of anti-subsidy and anti-dumping probes into Chinese industry, ranging from steel to wind turbines to security equipment.

Some of these ...

sources

MofCom: 商务部公告2024年第28号商务部关于就欧盟依据《外国补贴条例》对中国企业调查中采取的相关做法进行贸易投资壁垒调查的公告

MofCom: MOFCOM Announcement on Preliminary Conclusions on Trade Barrier Investigation of American Partial Support Policies and Subsidy Measures on Renewable Energy Industry

July 11, 2024

NSFC vows crackdown on funding corruption

We’re going to stamp out corruption in sci-tech funding. That’s the message from the National Natural Science Foundation of China (NSFC) – China’s biggest basic research funding body – during a state media interview on Friday. ICDYK: NSFC employs expert panels to review and determine w…

We're going to stamp out corruption in sci-tech funding.

That’s the message from the National Natural Science Foundation of China (NSFC) – China’s biggest basic research funding body – during a state media interview on Friday.

ICDYK: NSFC employs expert panels to review and determine w...

sources

Gov.cn: 我国科学基金项目评审持续从严

NSFC: 2023年度报告

July 10, 2024

Quick Take | Cui Tiankai’s warning about a “declining” America

At Trivium, we love hearing from retired officials. Boasting a wealth of experience and free from the strictest of strictures governing official messaging, these old-timers occasionally offer forthright and well-informed takes on their areas of expertise. That’s why we were delighted to see that f…

At Trivium, we love hearing from retired officials.

Boasting a wealth of experience and free from the strictest of strictures governing official messaging, these old-timers occasionally offer forthright and well-informed takes on their areas of expertise.

That’s why we were delighted to see that f...

sources

ShanghaiTech University: 迎百年变局，走自强之路——崔天凯大使在上科大2024届毕业典礼上的主旨演讲

July 10, 2024

Low rate of return hampers government-led property acquisition scheme

Local property buyback trials have failed to provide Beijing with a successful, replicable model. ICYDK: The central bank (PBoC) recently launched an RMB 300 billion relending facility to finance state-owned enterprises’ (SOEs) acquisition of unsold apartments and their conversion into affordable re…

Local property buyback trials have failed to provide Beijing with a successful, replicable model.
ICYDK: The central bank (PBoC) recently launched an RMB 300 billion relending facility to finance state-owned enterprises’ (SOEs) acquisition of unsold apartments and their conversion into affordable re...

sources

Caixin: 最新财新周刊｜存量房“收储”的济南实践

July 10, 2024

Producer price data on the up, but consumer prices disappoint

China’s consumer price growth remained sluggish in June. Per inflation data released by the stats bureau (NBS) on Wednesday: The June consumer price index (CPI) grew 0.2% y/y, down from 0.3% growth the previous month. Meanwhile, the producer price index (PPI) contracted 0.8% y/y, an improvement fro…

China's consumer price growth remained sluggish in June.
Per inflation data released by the stats bureau (NBS) on Wednesday:

The June consumer price index (CPI) grew 0.2% y/y, down from 0.3% growth the previous month.
Meanwhile, the producer price index (PPI) contracted 0.8% y/y, an improvement fro...

sources

Gov.cn: 图表：2024年6月份我国CPI同比上涨0.2%

July 10, 2024

Premier Li underscores economic challenges at econ-focused symposium

On Tuesday, Premier Li held a symposium on the economy with a group of experts and entrepreneurs. Heads up: This meeting wasn’t focused on the upcoming Third Plenum – the Plenum’s reform agenda will have been finalized weeks ago. Instead, the symposium was held to solicit policy advice ahead of the…

On Tuesday, Premier Li held a symposium on the economy with a group of experts and entrepreneurs.
Heads up: This meeting wasn't focused on the upcoming Third Plenum – the Plenum's reform agenda will have been finalized weeks ago.

Instead, the symposium was held to solicit policy advice ahead of the...

sources

Gov.cn: 李强主持召开经济形势专家和企业家座谈会

July 10, 2024

MIIT measures to rein in solar overcapacity are weak sauce

Beijing is finally taking steps to rein in solar overcapacity. But we’re not too impressed with its policy prescription. On Tuesday, the industry regulator (MIIT) released updated draft measures to regulate the solar manufacturing industry. Some context: China’s world-leading solar industry is gra…

Beijing is finally taking steps to rein in solar overcapacity.

But we’re not too impressed with its policy prescription.

On Tuesday, the industry regulator (MIIT) released updated draft measures to regulate the solar manufacturing industry.
Some context: China’s world-leading solar industry is gra...

sources

CCTV: 伏制造行业规范条件（2024年本)(征求意见稿）

July 10, 2024

Former senior advisor: Bring in the big guns to support the economy

A recently retired senior economic policymaker has called for the central government to launch big-bang policy support. On Saturday, Yin Yanlin spoke about China’s economic challenges at a Tsinghua University forum. Yin knows what he’s on about: He spent 20 years elbow-deep in economic policymaking…

A recently retired senior economic policymaker has called for the central government to launch big-bang policy support.
On Saturday, Yin Yanlin spoke about China's economic challenges at a Tsinghua University forum.
Yin knows what he's on about:

He spent 20 years elbow-deep in economic policymaking...

sources

Caixin: 尹艳林：当前应着力改善市场预期先活跃经济才能提振信心

July 10, 2024

Central authorities launch investigation into dirty edible oil scandal

The central government is investigating a major food safety incident involving contaminated cooking oil. What’s cooking: Late Tuesday night, the State Council Food Safety Commission office announced it had mobilized a five-ministry team to investigate reports that Sinograin – the massive state-owned…

The central government is investigating a major food safety incident involving contaminated cooking oil.
What's cooking: Late Tuesday night, the State Council Food Safety Commission office announced it had mobilized a five-ministry team to investigate reports that Sinograin – the massive state-owned...

sources

Xinhua: 国务院食安办成立联合调查组彻查罐车运输食用油乱象问题

Yicai: 食用油运输有法可依，为何还出现混装乱象？专家指出这一缺憾

Caixin: 国务院食安办称严查油罐车问题 “不洗罐”缘何屡曝不禁

The Paper: 人民网评论：“卸完煤制油装大豆油”，中储粮的回应值得期待

The Beijing News: “罐车运输乱象”刷屏，多家旗下有食用油产品的公司回应

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