string(13) "markets-macro"

Macro

November 17, 2023

Tech spark for the rust belt

Tech innovation is key to reviving China’s northeastern rust belt. That was the message from Premier Li Qiang during his trip to Heilongjiang and Jilin earlier this week. Some context: The economy of Northeast China – dominated by state-owned heavy industries – has stagnated for years. … Username Password Remember Me Forgot Password

Tech innovation is key to reviving China’s northeastern rust belt.
That was the message from Premier Li Qiang during his trip to Heilongjiang and Jilin earlier this week.
Some context: The economy of Northeast China – dominated by state-owned heavy industries – has stagnated for years.
...

sources

Xinhua: 李强在黑龙江、吉林调研时强调坚持改革创新激发内生动力推动新时代东北全面振兴取得新突破

November 17, 2023

Green’s back on the menu

Environmental concerns are returning to the top of Beijing’s priority list. The latest: The Party’s top journal, Qiushi, just published a July speech by Xi Jinping outlining his views on environmental protection. Xi made the speech at the once-in-five-year National Ecological and Environmental Pro…

Environmental concerns are returning to the top of Beijing's priority list.
The latest: The Party's top journal, Qiushi, just published a July speech by Xi Jinping outlining his views on environmental protection.

Xi made the speech at the once-in-five-year National Ecological and Environmental Pro...

sources

Gov.cn: 习近平：推进生态文明建设需要处理好几个重大关系

November 17, 2023

Down but not out

China is the land of (business) opportunity. That was Xi Jinping’s message in his address to the APEC CEO Summit in San Francisco on Thursday. Xi didn’t deliver the remarks in person, but rather in written form to the summit. Xi talked up China’s economic prospects (Xinhua): “China’s economy has …

China is the land of (business) opportunity.
That was Xi Jinping’s message in his address to the APEC CEO Summit in San Francisco on Thursday.

Xi didn't deliver the remarks in person, but rather in written form to the summit.

Xi talked up China's economic prospects (Xinhua):

“China's economy has ...

sources

Gov.cn: 习近平在亚太经合组织工商领导人峰会上的书面演讲

Xinhua: Full text of Xi's written speech at Asia-Pacific Economic Cooperation CEO Summit

November 17, 2023

Xi holds talks with Kishida

China and Japan should go along to get along. That’s what Xi Jinping told Japanese Prime Minister Kishida Fumio on the sidelines of the APEC Summit on Thursday, their first meeting since last year’s APEC. Some context: We’ve got whiplash trying to follow Sino-Japanese relations of late. Disagreemen…

China and Japan should go along to get along.
That’s what Xi Jinping told Japanese Prime Minister Kishida Fumio on the sidelines of the APEC Summit on Thursday, their first meeting since last year’s APEC.
Some context: We’ve got whiplash trying to follow Sino-Japanese relations of late.

Disagreemen...

sources

MoFA: 习近平会见日本首相岸田文雄

Reuters: China, Japan reaffirm 'strategic relationship' in rare leader talks

November 17, 2023

Flash talk | Boosting the effectiveness of new credit

Economic growth has lagged expectations this year, and the central bank (PBoC) is worried. Its main cause of concern? Newly created credit isn’t translating into as much nominal GDP as it once did. In this latest Flash Talk, Trivium Co-founder Andrew Polk and Head of China Markets Research Dinny M…

Economic growth has lagged expectations this year, and the central bank (PBoC) is worried.
Its main cause of concern?

Newly created credit isn't translating into as much nominal GDP as it once did.

In this latest Flash Talk, Trivium Co-founder Andrew Polk and Head of China Markets Research Dinny M...

November 17, 2023

The (urban) village people

Upgrading urban villages needs to be done with people’s wellbeing in mind. That was the message from a People’s Daily commentary published Tuesday, discussing plans to revamp urban villages in China’s biggest cities. The commentary said the program will: “Improve people’s livelihoods, expand domest…

Upgrading urban villages needs to be done with people’s wellbeing in mind.
That was the message from a People’s Daily commentary published Tuesday, discussing plans to revamp urban villages in China’s biggest cities.
The commentary said the program will:

“Improve people's livelihoods, expand domest...

sources

People's Daily: 积极稳步推进城中村改造

November 17, 2023

An entertainment evolution

Regulators are struggling to keep up with evolving online entertainment formats. On Wednesday, the NRTA stated that it would soon release new rules governing the creation, production, and content review of online micro-dramas. Background: Over the past two years, a new entertainment medium has emerg…

Regulators are struggling to keep up with evolving online entertainment formats.
On Wednesday, the NRTA stated that it would soon release new rules governing the creation, production, and content review of online micro-dramas.
Background: Over the past two years, a new entertainment medium has emerg...

sources

Yicai: 广电总局：加快制定《网络微短剧创作生产与内容审核细则》

The Paper: 广电总局：加快制定《网络微短剧创作生产与内容审核细则》

November 17, 2023

DEPAning the negotiations

China is advancing its digital diplomacy goals. On Tuesday, Vice Minister of Commerce Wang Shouwen once again underlined China’s commitment to joining the Digital Economic Partnership Agreement (DEPA). Wang’s statements were in the context of a meeting with DEPA members on the sidelines of APEC in…

Wang’s statements were in the context of a meeting with DEPA members on the sidelines of APEC in...

sources

MofCom: 商务部国际贸易谈判代表兼副部长王受文出席中国与《数字经济伙伴关系协定》（DEPA）成员部级会议

China Daily: China willing to collaborate to advance technical consultations

November 17, 2023

Talk chips to me, baby

On the tech front, APEC was all about rekindling communication. On Tuesday, Minister of Commerce Wang Wentao met with his Japanese counterpart Yasutoshi Nishimura on the sidelines of the APEC summit. The pair agreed to set up a communication mechanism on export controls to prevent tit-for-tat…

On the tech front, APEC was all about rekindling communication.
On Tuesday, Minister of Commerce Wang Wentao met with his Japanese counterpart Yasutoshi Nishimura on the sidelines of the APEC summit.

The pair agreed to set up a communication mechanism on export controls to prevent tit-for-tat...

sources

Yomiuri: Japan, China to Create Framework for Export Control Talks; Fear of Tit-for-tat Escalation

November 17, 2023

Are you thinking what AI’m thinking?

Tech wasn’t as big of a deal at APEC as we expected. On Wednesday, on the sidelines of the APEC summit in San Francisco, Xi Jinping and Joe Biden sat down for their first face-to-face talk in a year. The big deliverables from the four-hour meeting weren’t tech-related. But one tech issue did surface…

Tech wasn't as big of a deal at APEC as we expected.
On Wednesday, on the sidelines of the APEC summit in San Francisco, Xi Jinping and Joe Biden sat down for their first face-to-face talk in a year.
The big deliverables from the four-hour meeting weren't tech-related.
But one tech issue did surface...

sources

White House: Readout of President Joe Biden’s Meeting with President Xi Jinping of the People’s Republic of China

MoFA: 习近平同美国总统拜登举行中美元首会晤

November 16, 2023

Household consumption gradually picks up

Consumption of manufactured goods is increasing – slowly. Per Wednesday’s data from the stats bureau (NBS), retail sales of consumer goods (excluding catering) increased 6.5% y/y in October, the highest growth rate since May. Sales of big-ticket items are driving this increase. Automobile sales gre…

Consumption of manufactured goods is increasing – slowly.
Per Wednesday’s data from the stats bureau (NBS), retail sales of consumer goods (excluding catering) increased 6.5% y/y in October, the highest growth rate since May.
Sales of big-ticket items are driving this increase.

Automobile sales gre...

sources

Stats.gov.cn: 2023年10月份社会消费品零售总额增长7.6%

November 16, 2023

A climate of cooperation

China and the US will cooperate more on methane emissions reduction. That’s based on a Tuesday joint statement by Chinese and US climate envoys Xie Zhenhua and John Kerry. Some context: Xie and Kerry have long focused on methane – responsible for ~30% of the rise in global temperatures since the ind…

China and the US will cooperate more on methane emissions reduction.
That's based on a Tuesday joint statement by Chinese and US climate envoys Xie Zhenhua and John Kerry.
Some context: Xie and Kerry have long focused on methane – responsible for ~30% of the rise in global temperatures since the ind...

sources

US Department of State: Sunnylands Statement on Enhancing Cooperation to Address the Climate Crisis

MEE: 中美气候变化加州会谈达成积极成果

IEA: Methane and climate change

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162