string(13) "markets-macro"

Macro

November 29, 2023

Raising the brainiac bar

On Wednesday, Chinese Academy of Sciences (CAS) released the names of its 59 newly elected academicians. A whopping five of them are women. The average age is now 54.7. Some background: In September, CAS updated its code of conduct. Changes sought to weed out corruption in the … Username Password Remember Me Forgot… Read More »

On Wednesday, Chinese Academy of Sciences (CAS) released the names of its 59 newly elected academicians.

A whopping five of them are women.
The average age is now 54.7.

Some background: In September, CAS updated its code of conduct.

Changes sought to weed out corruption in the ...

sources

Weixin: 当选院士难度变大了？今年36个计划名额没用，不再新增工程管理院士

Caixin: 两院院士增选名单出炉卢煜明、颜宁当选

November 29, 2023

Agree to disagree

We’re pretty pessimistic about the prospect of US-China cooperation on AI governance. Our pessimism was affirmed by the message Gao Lin, director of the network security department under the cybersecurity watchdog (CAC), sent at an AI forum on Friday: “[We] oppose any malicious disruption of the g…

We’re pretty pessimistic about the prospect of US-China cooperation on AI governance.
Our pessimism was affirmed by the message Gao Lin, director of the network security department under the cybersecurity watchdog (CAC), sent at an AI forum on Friday:

“[We] oppose any malicious disruption of the g...

sources

Global Times: 中国提出全球人工智能治理倡议为相关讨论和规则制定提供蓝本

Reuters: US, Britain, other countries ink agreement to make AI 'secure by design'

November 29, 2023

Qichacha is going global

You may soon be able to do due diligence from abroad. On November 9, Chinese corporate data provider Qichacha (QCC) announced that it had passed the cyberspace regulator’s (CAC) data export security assessment. ICYDK: QCC compiles corporate filings from companies in China, including information like…

You may soon be able to do due diligence from abroad.
On November 9, Chinese corporate data provider Qichacha (QCC) announced that it had passed the cyberspace regulator’s (CAC) data export security assessment.
ICYDK: QCC compiles corporate filings from companies in China, including information like...

sources

Gov.cn: “企业信用信息境外查询平台”通过安全评估企查查摘下首张国际版牌照

Sohu: “企业信用信息境外查询平台”通过国家互联网信息办公室的数据出境安全评估

November 29, 2023

The robocars are fast approaching

On November 22, the industrial ministry (MIIT) and three other bodies published a notice on road access for autonomous vehicle (AV) pilots. Some context: Locally run AV pilot projects have been slowly expanding for several years. Draft rules were released a little over a year ago. But the technolo…

On November 22, the industrial ministry (MIIT) and three other bodies published a notice on road access for autonomous vehicle (AV) pilots.
Some context: Locally run AV pilot projects have been slowly expanding for several years.

Draft rules were released a little over a year ago.
But the technolo...

sources

Gov.cn: 工业和信息化部公安部住房和城乡建设部交通运输部关于开展智能网联汽车准入和上路通行试点工作的通知

November 28, 2023

Breaking the (pr)ice

Regulators’ recent warnings to iron ore traders have just driven prices to their first weekly decline since January. What happened: On Thursday, the macro planner (NDRC) called iron ore spot and futures traders to a meeting, telling them that officials are “closely tracking” market activity for sign…

Regulators' recent warnings to iron ore traders have just driven prices to their first weekly decline since January.
What happened: On Thursday, the macro planner (NDRC) called iron ore spot and futures traders to a meeting, telling them that officials are "closely tracking" market activity for sign...

sources

Mysteel: Beijing's threatened further regulation cools iron ore futures

Bloomberg: Iron Ore Falls as China Warns of More Supervision to Curb Prices

November 28, 2023

Bringing AVs to the NEV fight

The next – smarter – era of new energy vehicles (NEVs) is fast approaching. Tech behemoths Xiaomi and Huawei are entering the NEV fray with battery-powered autonomous vehicles (AVs). On November 15, the industry regulator (MIIT) approved Xiaomi’s first car – the electric SU7 – for production; BYD w…

The next – smarter – era of new energy vehicles (NEVs) is fast approaching.
Tech behemoths Xiaomi and Huawei are entering the NEV fray with battery-powered autonomous vehicles (AVs).

On November 15, the industry regulator (MIIT) approved Xiaomi's first car – the electric SU7 – for production; BYD w...

sources

SCMP: China’s premium EV segment set for ‘cutthroat competition’ as Huawei, Baidu and Xiaomi join the fray

PitchBook: China races past US in autonomous vehicle investment

Reuters: China moves to strengthen innovation in smart driving

November 28, 2023

Keep the residents in mind

Local authorities are gearing up for more urban village upgrading. On November 22, Guangzhou’s municipal legislature published draft regulations on urban village redevelopment – the first such local legislation nationwide. Quick refresher: “Urban villages” are former rural settlements that cities ha…

Local authorities are gearing up for more urban village upgrading.
On November 22, Guangzhou’s municipal legislature published draft regulations on urban village redevelopment – the first such local legislation nationwide.
Quick refresher: “Urban villages” are former rural settlements that cities ha...

sources

Guangzhou Municipal People's Congress: 《广州市城中村改造条例（草案修改稿·征求意见稿）》向社会各界公开征求意见

The Paper: 广东：支持广州、深圳结合城中村改造规模化建设保障性租赁住房

November 28, 2023

More Xi-plomacy

The Party is tightening its grip on foreign affairs. At its monthly meeting on Monday, the Politburo deliberated new regulations designed to strengthen the role of the Party in China’s foreign policy . Some context: This is part of a pattern. In June, the legislature passed the Foreign Affairs Law,…

The Party is tightening its grip on foreign affairs.
At its monthly meeting on Monday, the Politburo deliberated new regulations designed to strengthen the role of the Party in China's foreign policy .
Some context: This is part of a pattern.

In June, the legislature passed the Foreign Affairs Law,...

sources

Gov.cn: 中共中央政治局召开会议审议《关于进一步推动长江经济带高质量发展若干政策措施的意见》《中国共产党领导外事工作条例》中共中央总书记习近平主持会议

Gov.cn: Xi chairs leadership meeting on Yangtze River Economic Belt development, CPC leadership over foreign affairs

November 28, 2023

Three-way trade

China wants to snuggle up to – wait for it – Japan and South Korea. On Sunday, China’s top diplomat Wang Yi held a trilateral meeting with the Japanese and South Korean foreign ministers. Top of the agenda: Trade. Some context: Japan and South Korea are critical suppliers of industrial i…

China wants to snuggle up to – wait for it – Japan and South Korea.
On Sunday, China's top diplomat Wang Yi held a trilateral meeting with the Japanese and South Korean foreign ministers.
Top of the agenda: Trade.
Some context: Japan and South Korea are critical suppliers of industrial i...

sources

MoFA: 王毅出席第十次中日韩外长会

November 28, 2023

Politburo keeps everyone waiting on the third plenum

It increasingly looks like a third plenum won’t be held this year. The Politburo didn’t set a date for the plenum at its monthly meeting on Monday. That was a surprise: We had expected the Politburo to use its November meeting to announce a date for the Third Plenum, after not setting it at its… Read More »

It increasingly looks like a third plenum won't be held this year.
The Politburo didn't set a date for the plenum at its monthly meeting on Monday.
That was a surprise: We had expected the Politburo to use its November meeting to announce a date for the Third Plenum, after not setting it at its Octo...

sources

November 28, 2023

Supercharge that synergy

The Party’s top leadership is doubling down on the Yangtze River Economic Belt (YREB). On Monday, the Politburo approved high-level guidance on developing the region. Some context: The YREB spans 11 provinces along the Yangtze River’s watershed, linking China’s leading economic hub – the Yangtze Riv…

The Party's top leadership is doubling down on the Yangtze River Economic Belt (YREB).
On Monday, the Politburo approved high-level guidance on developing the region.
Some context: The YREB spans 11 provinces along the Yangtze River's watershed, linking China's leading economic hub – the Yangtze Riv...

sources

Gov.cn: 中共中央政治局召开会议审议《关于进一步推动长江经济带高质量发展若干政策措施的意见》

November 28, 2023

Tightening the screws

The Party is increasing scrutiny of China’s 30 million public employees. The Party’s Central Organization Department and the human resources ministry (MoHRSS) recently revised rules for punishing misdeeds by employees at public institutions – the first update to the rules since 2012. ICYDK: Public i…

The Party is increasing scrutiny of China's 30 million public employees.
The Party's Central Organization Department and the human resources ministry (MoHRSS) recently revised rules for punishing misdeeds by employees at public institutions – the first update to the rules since 2012.
ICYDK: Public i...

sources

MoHRSS: 中共中央组织部人力资源社会保障部关于印发《事业单位工作人员处分规定》的通知

Gov.cn: 事业单位工作人员处分暂行规定

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