string(13) "markets-macro"

Macro

May 10, 2024

Old wine, new bottle for China’s trade-in subsidies

Localities and retailers are repurposing old subsidies to support the consumer goods trade-in program. ICYMI: On Wednesday, we flagged a Xinhua article that reported booming trade-in sales in Shanghai and Wuhan, driven by subsidies: Shanghai stumped up RMB 150 million to support green, smart home a… Username Password Remember Me Forgot Password

Shanghai stumped up RMB 150 million to support green, smart home a...

sources

The Paper: 上海掏出2亿补贴“买家电”，促消费作用如何？

Bendibao: 2023武汉新能源车以旧换新补贴政策

The Paper: 京东掀起百亿补贴，谁在为价格战买单？

May 10, 2024

Is demographic decline already weighing on consumption?

One of China’s most influential economic advisors thinks demographic decline is weighing on household spending. In a recent speech, Cai Fang – a former central bank (PBoC) monetary policy committee member and a demographer (see our profile of Cai here) – warned that not only are retirees spending le…

One of China’s most influential economic advisors thinks demographic decline is weighing on household spending.
In a recent speech, Cai Fang – a former central bank (PBoC) monetary policy committee member and a demographer (see our profile of Cai here) – warned that not only are retirees spending le...

sources

China Finance 40 Forum: 老龄化时代的居民消费潜力

May 10, 2024

Flash talk | The many meanings of overcapacity

Industrial overcapacity has made its way to the center of US and EU trade tensions with China. China flagged overcapacity as a challenge facing its economy back in December. A few months later, the EU complained overcapacity was impacting trade. Soon after, the US got on board with its own complaint…

Industrial overcapacity has made its way to the center of US and EU trade tensions with China.
China flagged overcapacity as a challenge facing its economy back in December. A few months later, the EU complained overcapacity was impacting trade. Soon after, the US got on board with its own complaint...

May 10, 2024

Tech is not above the law

China’s lawmakers are bracing for a busy year ahead. On Wednesday, the National People’s Congress Standing Committee (NPCSC) released the 2024 legislative agenda, which featured both cybersecurity and AI. A total of 39 legislative items appear on the agenda – more than last year’s 35 items, but mer…

A total of 39 legislative items appear on the agenda – more than last year’s 35 items, but mer...

sources

NPC: 全国人大常委会2024年度立法工作计划

State Council: 国务院办公厅关于印发《国务院2024年度立法工作计划》的通知

May 10, 2024

The fate of foreign-funded R&D

As regular readers know, the Tianjin Free-Trade Zone (FTZ) just released a data export negative list. It’s a step forward, but it doesn’t move the needle on big issues for MNCs in sensitive sectors. But one small detail raises concerns about the exportability of foreign-funded R&D. The negati…

As regular readers know, the Tianjin Free-Trade Zone (FTZ) just released a data export negative list.

It’s a step forward, but it doesn’t move the needle on big issues for MNCs in sensitive sectors.

But one small detail raises concerns about the exportability of foreign-funded R&D.
The negati...

sources

Tianjin.gov: 中国（天津）自由贸易试验区数据出境管理清单（负面清单）（2024 年版）

May 10, 2024

Tianjin publishes China’s first data export negative list

Data export security compliance just got (marginally) easier. On Thursday, the Tianjin Free-Trade Zone (FTZ) published China’s first data export negative list. Some context: In March, the cyberspace regulator (CAC) finalized rules relaxing cross-border data transfers. The rules gave FTZs permission…

Data export security compliance just got (marginally) easier.
On Thursday, the Tianjin Free-Trade Zone (FTZ) published China’s first data export negative list.
Some context: In March, the cyberspace regulator (CAC) finalized rules relaxing cross-border data transfers.

The rules gave FTZs permission...

sources

Gov.cn: 天津发布自贸试验区数据出境管理负面清单

Tianjin.gov: 中国（天津）自由贸易试验区数据出境管理清单（负面清单）（2024 年版）

May 10, 2024

Making Dongbei great again

Reviving Dongbei is at the heart of China’s innovation push. That’s the message we picked up from Executive Vice Premier Ding Xuexiang’s recent trip to the northeastern rustbelt province Liaoning. Some context: Since last September, senior leaders have frequently visited Dongbei – which is do…

Reviving Dongbei is at the heart of China’s innovation push.
That's the message we picked up from Executive Vice Premier Ding Xuexiang’s recent trip to the northeastern rustbelt province Liaoning.
Some context: Since last September, senior leaders have frequently visited Dongbei – which is do...

sources

Gov.cn: 丁薛祥在辽宁调研并主持召开座谈会时强调：强化科技创新和产业创新深度融合积极培育和发展新质生产力

May 10, 2024

Trump, Biden, and China: What the 2024 election means for China-US relations

The US election is rapidly approaching. In this Flash Talk, co-founders Andrew Polk and Trey McArver are joined by senior geopolitical analyst Joe Mazur and agricultural director Even Pay to discuss the future of US-China relations under a Trump or Biden administration. Among other things, the crew …

The US election is rapidly approaching.
In this Flash Talk, co-founders Andrew Polk and Trey McArver are joined by senior geopolitical analyst Joe Mazur and agricultural director Even Pay to discuss the future of US-China relations under a Trump or Biden administration.
Among other things, the crew ...

May 9, 2024

Love me tendering

Authorities are vowing to clean up China’s tendering and bidding process. On Wednesday, the general office of the State Council issued opinions on implementing institutional changes to drive the orderly and robust growth of the bidding and tendering market. This is important for businesses: Trillio…

Authorities are vowing to clean up China's tendering and bidding process.
On Wednesday, the general office of the State Council issued opinions on implementing institutional changes to drive the orderly and robust growth of the bidding and tendering market.
This is important for businesses:

Trillio...

sources

Gov.cn: 国务院办公厅关于创新完善体制机制推动招标投标市场规范健康发展的意见

May 9, 2024

Bring us your wine, your pork, your poultry (if it’s bird flu free)

Agriculture is proving a bright spot in Xi Jinping’s Europe trip. On Tuesday, Xi capped off his visit to France with a seven-point joint statement on agricultural cooperation. The statement was filled with goodies for French food and agriculture interests, including (CPPCC): More cooperation on win…

Agriculture is proving a bright spot in Xi Jinping's Europe trip.
On Tuesday, Xi capped off his visit to France with a seven-point joint statement on agricultural cooperation.
The statement was filled with goodies for French food and agriculture interests, including (CPPCC):

More cooperation on win...

sources

CPPCC: 中法关于农业交流与合作的联合声明

The pig site: China, France sign deals on pork imports, bird flu bans

May 9, 2024

Thank you PRC, you are my best friend

China just took its ties with Serbia to the next level. On Wednesday, Xi Jinping met with Serbian President Aleksandar Vučić in Belgrade. After playing diplomatic hardball in France, Xi’s visit to Serbia was a regular lovefest. Xi was greeted by adoring crowds in Belgrade. In talks with Vučić, Xi …

China just took its ties with Serbia to the next level.
On Wednesday, Xi Jinping met with Serbian President Aleksandar Vučić in Belgrade.
After playing diplomatic hardball in France, Xi’s visit to Serbia was a regular lovefest.

Xi was greeted by adoring crowds in Belgrade.

In talks with Vučić, Xi ...

sources

MoFA: President Xi Jinping Holds Talks with President Aleksandar Vučić of Serbia

MoFA: President Xi Jinping Attends the Welcoming Banquet Held by President Aleksandar Vučić of Serbia

MoFA: President Xi Jinping and President Aleksandar Vučić Jointly Meet the Press

People's Daily: 习近平主席对塞尔维亚国事访问成果文件清单

May 9, 2024

Beijing goes nuclear

The new draft Atomic Energy Law could help China hit its ambitious nuclear power targets. We got a first look at the draft on April 26, when the legislature released it for public comments. The goal is simple: Consolidate the more than 10 “nuclear-related” laws and regulations on the books into an “…

The new draft Atomic Energy Law could help China hit its ambitious nuclear power targets.
We got a first look at the draft on April 26, when the legislature released it for public comments.
The goal is simple: Consolidate the more than 10 "nuclear-related" laws and regulations on the books into an "...

sources

NPC: 原子能法（草案）征求意见

China Reform: 十四届全国人大常委会第九次会议审议多部法律草案和报告

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162