string(13) "markets-macro"

Macro

January 25, 2024

Pudong pulls out all the stops on sci-tech support

Shanghai is planning to stay on the bleeding edge of tech policy. On Monday, the general offices of the Party Central Committee and the State Council jointly released a reform plan for Shanghai’s Pudong New Area. ICYDK: Pudong District is China’s most developed financial hub and was grante… Username Password Remember Me Forgot Password

Shanghai is planning to stay on the bleeding edge of tech policy.
On Monday, the general offices of the Party Central Committee and the State Council jointly released a reform plan for Shanghai's Pudong New Area.
ICYDK: Pudong District is China’s most developed financial hub and was grante...

sources

Gov.cn: 中共中央办公厅国务院办公厅印发《浦东新区综合改革试点实施方案（2023－2027年）》

January 25, 2024

The times have changed

Chinese companies are more competitive than ever – and some MNCs just can’t cut it. That’s according to Jiang Xiaojuan – a well-respected technocrat who served as a deputy secretary-general of the State Council from 2011 to 2018. At an economic forum Friday, Jiang argued that the narrative that MNCs…

Chinese companies are more competitive than ever – and some MNCs just can't cut it.
That's according to Jiang Xiaojuan – a well-respected technocrat who served as a deputy secretary-general of the State Council from 2011 to 2018.
At an economic forum Friday, Jiang argued that the narrative that MNCs...

sources

Guancha: 江小涓：利用全球化新机遇，为稳增长增添新动能

January 25, 2024

CCER credits for CBAM tariffs

China’s revived carbon market scheme will help companies comply with the EU’s carbon tariffs. ICYMI: On Monday, China restarted its China Certified Emission Reduction (CCER) market following a more than five-year hiatus. The relaunch left us wondering: What does CCER offer that simply upgrading the …

China's revived carbon market scheme will help companies comply with the EU's carbon tariffs.
ICYMI: On Monday, China restarted its China Certified Emission Reduction (CCER) market following a more than five-year hiatus.
The relaunch left us wondering: What does CCER offer that simply upgrading the ...

sources

People's Daily: 全国温室气体自愿减排交易市场启动

January 25, 2024

All our base are belong to you

Chinese leaders are making time for a small but important African partner. On Tuesday, Speaker of the National Assembly of Djibouti Dileita Mohamed Dileita visited Beijing and held talks with Vice President Han Zheng and National People’s Congress Standing Committee Chairman Zhao Leji. ICYDK: Tiny D…

Chinese leaders are making time for a small but important African partner.
On Tuesday, Speaker of the National Assembly of Djibouti Dileita Mohamed Dileita visited Beijing and held talks with Vice President Han Zheng and National People’s Congress Standing Committee Chairman Zhao Leji.
ICYDK: Tiny D...

sources

China Daily: Chinese VP meets speaker of Djiboutian National Assembly

China Daily: China's top legislator holds talks with speaker of Djiboutian National Assembly

January 24, 2024

Last best chance

It’s that time of year again. Policymakers are gearing up for the annual Two Sessions, which begin on March 4. China 101: The Two Sessions refers to the annual meetings of the legislature (NPC) and political advisory body (CPPCC). At the Two Sessions, the premier delivers the Government Work Report…

It’s that time of year again.
Policymakers are gearing up for the annual Two Sessions, which begin on March 4.
China 101: The Two Sessions refers to the annual meetings of the legislature (NPC) and political advisory body (CPPCC).

At the Two Sessions, the premier delivers the Government Work Report...

sources

Gov.cn: 李强主持召开专家企业家和教科文卫体等领域代表座谈会

January 24, 2024

Build more, a lot more

China’s property construction sector just got a big shot in the arm. On Tuesday, domestic media reported that authorities are expanding the list of cities involved in urban village upgrading and affordable housing construction. Previously, only cities with a population of over 3 million were eligib…

China's property construction sector just got a big shot in the arm.
On Tuesday, domestic media reported that authorities are expanding the list of cities involved in urban village upgrading and affordable housing construction.

Previously, only cities with a population of over 3 million were eligib...

sources

21st Century Biz: 城中村改造、保障房建设城市扩围，可享受专项债、PSL等政策支持

January 24, 2024

Curb your enthusiasm

Infrastructure investment will be severely restricted in China’s 12 most indebted provinces. The latest: On Tuesday, Caixin reported that the State Council issued restrictions on construction in these provinces late last year. The details: The 12 provincial authorities were ordered to invest only in…

Infrastructure investment will be severely restricted in China's 12 most indebted provinces.
The latest: On Tuesday, Caixin reported that the State Council issued restrictions on construction in these provinces late last year.
The details: The 12 provincial authorities were ordered to invest only in...

sources

Caixin: 12省份分类加强政府投资项目管理有保有压

January 24, 2024

Open the sluice gates

China’s central bank (PBoC) is finally doing more to bolster the economy. On Wednesday, the PBoC said it will cut banks’ reserve requirement ratio (RRR) by 50 basis points, effective February 5. The reduction applies to all banks except those whose RRR is already 5% or lower. The details: After th…

China's central bank (PBoC) is finally doing more to bolster the economy.
On Wednesday, the PBoC said it will cut banks’ reserve requirement ratio (RRR) by 50 basis points, effective February 5.

The reduction applies to all banks except those whose RRR is already 5% or lower.

The details: After th...

sources

PBoC: 中国人民银行决定下调金融机构存款准备金率和支农支小再贷款、再贴现利率

PBoC: 国新办举行贯彻落实中央经济工作会议部署、金融服务实体经济高质量发展新闻发布会

January 24, 2024

Shanghai hold ’em

Financial regulators are broadening efforts to bolster equity prices. Beyond nascent efforts to mobilize the National Team to buy stocks, officials are also asking more and more entities to avoid selling in the near term. The latest: On Tuesday, Bloomberg reported that regulators instructed at le…

Financial regulators are broadening efforts to bolster equity prices.

Beyond nascent efforts to mobilize the National Team to buy stocks, officials are also asking more and more entities to avoid selling in the near term.

The latest: On Tuesday, Bloomberg reported that regulators instructed at le...

sources

Bloomberg: China Expanding Stock Selling Restrictions to Insurers, Sources Say

January 24, 2024

The national team prepares to take the pitch

China is moving toward launching a stock market stabilization fund. On Tuesday, Bloomberg reported that central authorities plan to mobilize an RMB 2 trillion fund to prop up stock prices. The details: Most of the money will come from state-owned firms’ offshore accounts. The funds will buy A-shares…

China is moving toward launching a stock market stabilization fund.
On Tuesday, Bloomberg reported that central authorities plan to mobilize an RMB 2 trillion fund to prop up stock prices.
The details: Most of the money will come from state-owned firms’ offshore accounts. The funds will buy A-shares...

sources

Bloomberg: China Weighs Stock Market Rescue Package Backed by $278 Billion

January 24, 2024

You scare me, you scare me not

China’s app regulation system isn’t as intimidating as it used to be. On Monday, the industrial ministry (MIIT) released another list of apps that violate user rights and interests. The most notable inclusions: Alibaba’s second-hand retail marketplace app Xianyu and navigation app Gao De were both r…

China's app regulation system isn't as intimidating as it used to be.
On Monday, the industrial ministry (MIIT) released another list of apps that violate user rights and interests.
The most notable inclusions: Alibaba's second-hand retail marketplace app Xianyu and navigation app Gao De were both r...

sources

MIIT: 关于侵害用户权益行为的APP（SDK）通报（2024年第1批，总第36批）

January 24, 2024

Zoning out on data, again

Yesterday, we told you that free-trade zones (FTZs), like Shanghai’s Lingang FTZ, are at the center of China’s strategy to make cross-border data transfers easier for companies. Newsflash: The Guangdong FTZ is also playing a role in this push. On Friday, the Guangdong provincial government released …

Yesterday, we told you that free-trade zones (FTZs), like Shanghai's Lingang FTZ, are at the center of China’s strategy to make cross-border data transfers easier for companies.
Newsflash: The Guangdong FTZ is also playing a role in this push.
On Friday, the Guangdong provincial government released ...

sources

Guangdong Gov: 广东省人民政府关于印发中国（广东）自由贸易试验区提升战略行动方案的通知

Guangzhou Gov: 广州市人民政府关于印发广州市建设国家数字经济创新发展试验区实施方案的通知

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162