string(13) "markets-macro"

Macro

June 14, 2024

Getting punchy: June tech and trade war roundup

To view the roundup as a PDF click here. Welcome to another edition of Trivium’s US-China tech and trade war roundup. In these monthly reports, we break down key geopolitical developments shaping the economic relationship between Beijing, Washington, and beyond. Here’s where things stand as of mid… Username Password Remember Me Forgot Password

To view the roundup as a PDF click here.
Welcome to another edition of Trivium’s US-China tech and trade war roundup. In these monthly reports, we break down key geopolitical developments shaping the economic relationship between Beijing, Washington, and beyond.
Here’s where things stand as of mid...

June 14, 2024

On Our Radar | Clues about the Third Plenum

The most important upcoming developments for policy and politics in China over the next month key developments politics Politburo meeting (end-June) and Third Plenum (July) econ and finance Lujiazui Financial Forum (June 19-20) foreign affairs Li Qiang’s Australia trip (June 13-20) G7 Summit (J…

The most important upcoming developments for policy and politics in China over the next month
key developments
politics

Politburo meeting (end-June) and Third Plenum (July)

econ and finance

Lujiazui Financial Forum (June 19-20)

foreign affairs

Li Qiang’s Australia trip (June 13-20)
G7 Summit (J...

June 14, 2024

Cross-border data gets on the same (magazine) page

China’s central bank (PBoC) and the cyberspace regulator (CAC) are aligning more closely on cross-border data regulations. On Wednesday, the CAC published an essay by the head of the PBoC Science and Technology Department, Li Wei, from the most recent issue of the agency’s magazine. That’s the same…

China’s central bank (PBoC) and the cyberspace regulator (CAC) are aligning more closely on cross-border data regulations.
On Wednesday, the CAC published an essay by the head of the PBoC Science and Technology Department, Li Wei, from the most recent issue of the agency’s magazine.

That’s the same...

sources

CAC: 李伟：促进和规范数据跨境流动着力推进金融高水平开放

June 14, 2024

Another batch of algorithms approved

The list just keeps getting longer… On Wednesday, the cyberspace administration (CAC) published the sixth batch of approved algorithms, which includes AI services. Recap: Under China’s AI regulations, developers must register their algorithms with the CAC before providing AI-driven services to the p…

The list just keeps getting longer…
On Wednesday, the cyberspace administration (CAC) published the sixth batch of approved algorithms, which includes AI services.
Recap: Under China’s AI regulations, developers must register their algorithms with the CAC before providing AI-driven services to the p...

sources

CAC: 国家互联网信息办公室关于发布第六批深度合成服务算法备案信息的公告

June 13, 2024

China pushes domestic service jobs for rural folks

Beijing wants you to hire some help. On Tuesday, the commerce ministry (MofCom), macro planner (NDRC), and seven other ministries dropped a 2024 work plan for promoting domestic service employment for rural folks. Domestic services include in-home cooks, cleaners, and drivers, as well as home heal…

Beijing wants you to hire some help.
On Tuesday, the commerce ministry (MofCom), macro planner (NDRC), and seven other ministries dropped a 2024 work plan for promoting domestic service employment for rural folks.

Domestic services include in-home cooks, cleaners, and drivers, as well as home heal...

sources

Gov.cn: 9部门发文推进实施家政兴农行动

Gov.cn: 商务部等9部门关于印发《2024年家政兴农行动工作方案》的通知

21st Century Biz: 2022-2023年中国家政服务行业发展剖析及行业投资机遇分析报告

June 13, 2024

Secret sky-high growth target for China’s Northeast

Top leaders have quietly set a very ambitious growth target for China’s rust belt. Over the past few days, the political advisory body (CPPCC) has released additional information about its recent session on the economic reform agenda. So far, we’re not impressed: The published pieces are light on ne…

Top leaders have quietly set a very ambitious growth target for China’s rust belt.
Over the past few days, the political advisory body (CPPCC) has released additional information about its recent session on the economic reform agenda.
So far, we're not impressed: The published pieces are light on ne...

sources

CPPCC: 全国政协十四届常委会第七次会议大会书面发言摘登（一）

June 13, 2024

Thank you for your service

On Tuesday, Xi Jinping sent a rare personal letter to prominent computer scientist Andrew Yao. A little about Yao: Yao was born in Shanghai and educated in the US, and became the first Asian to win the Turing Award, the “Nobel Prize” of computer science, in 2000. In 2004, he returned to China…

On Tuesday, Xi Jinping sent a rare personal letter to prominent computer scientist Andrew Yao.
A little about Yao:

Yao was born in Shanghai and educated in the US, and became the first Asian to win the Turing Award, the "Nobel Prize" of computer science, in 2000.
In 2004, he returned to China...

sources

People.cn: 习近平给中国科学院院士、清华大学教授姚期智回信强调坚守初心使命发挥自身优势为建设教育强国科技强国作出新的贡献

June 13, 2024

Beijing pushes for upgrading of public domain vehicles

Beijing’s auto trade-in program is getting a boost. On Friday, the macro planner (NDRC) and transport ministry (MoT) – alongside 11 other central agencies – issued an action plan to promote upgrading of public domain vehicles (PDV). ICYDK, PDV is an umbrella term covering everything from gove…

Beijing’s auto trade-in program is getting a boost.
On Friday, the macro planner (NDRC) and transport ministry (MoT) – alongside 11 other central agencies – issued an action plan to promote upgrading of public domain vehicles (PDV).

ICYDK, PDV is an umbrella term covering everything from gove...

sources

Gov.cn: 交通运输部等十三部门关于印发《交通运输大规模设备更新行动方案》的通知

June 13, 2024

PBoC governor urges faster rollout of property acquisition scheme

Authorities want to see faster progress in the state purchase of unsold properties. On Friday, central bank (PBoC) governor Pan Gongsheng – speaking at a work conference in Jinan, Shandong province – called for “speeding up the clearance of unsold housing stock.” Those in attendance included the ho…

Authorities want to see faster progress in the state purchase of unsold properties.
On Friday, central bank (PBoC) governor Pan Gongsheng – speaking at a work conference in Jinan, Shandong province – called for “speeding up the clearance of unsold housing stock.”

Those in attendance included the ho...

sources

PBoC: 中国人民银行召开保障性住房再贷款工作推进会

June 13, 2024

Feeling PeEVed

On Wednesday, the Ministry of Commerce (MofCom) weighed in on the EU’s decision to impose tariffs on Chinese EV imports. The verdict: It’s outrageous! It’s unfair! A MofCom spokesperson said that the EU’s decision “disregards facts” and “lacks a legal basis” (MofCom): “This is blatant protectionist…

On Wednesday, the Ministry of Commerce (MofCom) weighed in on the EU’s decision to impose tariffs on Chinese EV imports.
The verdict: It’s outrageous! It’s unfair!
A MofCom spokesperson said that the EU’s decision “disregards facts” and “lacks a legal basis” (MofCom):

“This is blatant protectionist...

sources

MofCom: 商务部新闻发言人就欧盟发布关于对华电动汽车反补贴调查初裁披露答记者问

Reuters: EU tariffs on China: Global reaction

Reuters: Europe's automakers fret as China EV tariff fears become reality

June 13, 2024

NEVs fly high as ICEs drive off a cliff

New energy vehicle (NEV) sales are picking up the slack in an otherwise weak domestic passenger auto market. On Monday, the China Passenger Car Association (CPCA) published May auto sales data, showing: Total passenger vehicle sales were down 1.9% y/y, totaling 1.71 million units Conventional fuel …

Total passenger vehicle sales were down 1.9% y/y, totaling 1.71 million units
Conventional fuel ...

sources

MarkLines: 乘用车市场信息联席会(CPCA)合作报告　2024年6月

June 13, 2024

Growth over debt

Policy advisors are calling for a greater focus on economic growth. The latest: In late May, Huang Haizhou – a member of the central bank’s (PBoC) Monetary Policy Committee and professor at Tsinghua University’s School of Finance – argued that economic growth should be prioritized over debt concerns…

Policy advisors are calling for a greater focus on economic growth.
The latest: In late May, Huang Haizhou – a member of the central bank's (PBoC) Monetary Policy Committee and professor at Tsinghua University’s School of Finance – argued that economic growth should be prioritized over debt concerns...

sources

Weixin: 黄海洲：增长应该优先于对债务的担忧

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162