string(13) "markets-macro"

Macro

April 1, 2025

Huawei posts solid earnings for 2024

What happened: Huawei released its 2024 earnings report on Monday: Ovall revenue rose 22.4% y/y to RMB 862.1 billion, while net profit dropped 28% y/y to RMB 62.6 billion, mostly due to one-off accounting adjustments after asset sales. Its smart devices unit, which includes mobile phones, grew 38.3… Username Password Remember Me Forgot… Read More »

What happened: Huawei released its 2024 earnings report on Monday:

Ovall revenue rose 22.4% y/y to RMB 862.1 billion, while net profit dropped 28% y/y to RMB 62.6 billion, mostly due to one-off accounting adjustments after asset sales.
Its smart devices unit, which includes mobile phones, grew 38.3...

sources

Huawei: 华为投资控股有限公司2024年年度报告

March 31, 2025

Ehang secures approval for eVTOL commercial operation

What happened: On Friday, Chinese flying car startup Ehang secured an Air Operator Certificate (AOC) from the aviation regulator (CAAC) for its unmanned EH216-S eVTOL model. That makes Ehang the first company in the world licensed to commercially operate a flying car fleet. Ehang is ahead of the p…

What happened: On Friday, Chinese flying car startup Ehang secured an Air Operator Certificate (AOC) from the aviation regulator (CAAC) for its unmanned EH216-S eVTOL model.

That makes Ehang the first company in the world licensed to commercially operate a flying car fleet.

Ehang is ahead of the p...

sources

Caixin: 国内首款无人驾驶载人eVTOL获准商业运营

March 31, 2025

MofCom takes next steps in US fiber optic investigation

What happened: On Friday, the Ministry of Commerce (MofCom) issued evidence collection questionnaires in relation to the anti-circumvention investigation of US fiber optic products. Foreign and domestic companies involved in the manufacturing, export, and import of covered fiber optic products mus…

What happened: On Friday, the Ministry of Commerce (MofCom) issued evidence collection questionnaires in relation to the anti-circumvention investigation of US fiber optic products.

Foreign and domestic companies involved in the manufacturing, export, and import of covered fiber optic products mus...

sources

MofCom: 关于发放对原产于美国的进口相关截止波长位移单模光纤反规避调查问卷的通知

March 31, 2025

Shenzhen to join other top cities in issuing housing vouchers for urban renewal project compensation

In a Wednesday update, Shenzhen’s local housing bureau announced it will soon launch a housing voucher scheme for resettling residents displaced by urban renewal projects (Securities Times). That makes Shenzhen the last top-tier city to launch such a scheme, following Guangzhou, Beijing, and Shangh…

In a Wednesday update, Shenzhen’s local housing bureau announced it will soon launch a housing voucher scheme for resettling residents displaced by urban renewal projects (Securities Times).

That makes Shenzhen the last top-tier city to launch such a scheme, following Guangzhou, Beijing, and Shangh...

sources

Securities Times: 一线城市纷纷探索建立房票制度推动多元化安置补偿

21st Century Biz: 21解读丨一线城市全部启动房票政策，释放了什么信号？

March 31, 2025

Will Chery or won’t Chery invest in Türkiye?

The Chinese new energy vehicle (NEV) industry’s overseas expansion is getting increasingly complicated. On Wednesday, Türkiye announced that top Chinese NEV company Chery plans to invest USD 1 billion in a facility to produce 200,000 vehicles annually in the country – a claim Chery promptly denied (…

The Chinese new energy vehicle (NEV) industry's overseas expansion is getting increasingly complicated.
On Wednesday, Türkiye announced that top Chinese NEV company Chery plans to invest USD 1 billion in a facility to produce 200,000 vehicles annually in the country – a claim Chery promptly denied (...

sources

Reuters: Turkey says Chery Auto's partners to invest $1 bln in plant to make 200,000 cars/year

Bloomberg: Turkey Holds ‘Advanced’ Talks With BYD, Chery for EV Plants

March 31, 2025

Beijing confirms regulators are scrutinizing CK Hutchison port deal

China’s market regulator (SAMR) confirmed it is scrutinizing CK Hutchison’s port deal. SAMR revealed the news in an interview with state media Ta Kung Pao, published Friday. In case you’ve been living under a rock: Hong Kong conglomerate CK Hutchison started a firestorm when it announced it would …

China's market regulator (SAMR) confirmed it is scrutinizing CK Hutchison's port deal.

SAMR revealed the news in an interview with state media Ta Kung Pao, published Friday.

In case you've been living under a rock: Hong Kong conglomerate CK Hutchison started a firestorm when it announced it would ...

sources

Gov.cn: 新闻综述/“不要配合美国霸权，犯历史性错误” 长和“非一般买卖”　港各界支持国家市监总局依法审查

SCMP: Hong Kong’s Hutchison ‘will not sign Panama deal next week’, Beijing to launch probe

Reuters: CK Hutchison will not sign deal to sell strategic Panama ports next week, sources say

March 31, 2025

Second-round draft revisions to CSL released for public comment

On Friday, the cyberspace administration (CAC) issued draft revisions to the Cybersecurity Law (CSL) for public comment. Some context: The CSL, passed in 2016, is one of three laws that serve as the foundation for China’s approach to data protection and cybersecurity, However, the CSL is out of ste…

On Friday, the cyberspace administration (CAC) issued draft revisions to the Cybersecurity Law (CSL) for public comment.
Some context: The CSL, passed in 2016, is one of three laws that serve as the foundation for China's approach to data protection and cybersecurity,

However, the CSL is out of ste...

sources

CAC: 关于公开征求《中华人民共和国网络安全法（修正草案再次征求意见稿）》意见的通知

March 29, 2025

Settle in, everybody: The weekly recap

Here’s a question we at Trivium have been pondering quite a bit lately: What are the real prospects for a meeting between Xi Jinping and Donald Trump in the coming months? Over the past few weeks, there have been conflicting reports over whether and when a meet-up might take place. On March…

Here’s a question we at Trivium have been pondering quite a bit lately:

What are the real prospects for a meeting between Xi Jinping and Donald Trump in the coming months?

Over the past few weeks, there have been conflicting reports over whether and when a meet-up might take place.

On March...

March 29, 2025

State media criticizes Google for making Android closed source

What happened: On Thursday, China Electronics News (CEN), the official newspaper of MIIT, criticized Google for effectively turning Android into a closed-source project, forcing smaller developers to pay for access to the latest updates. “Now, Google has shifted all development work to an internal …

“Now, Google has shifted all development work to an internal ...

sources

China Electronics News: 安卓系统开源时代终结，影响几何？

Android Authority: Exclusive: Google will develop the Android OS fully in private, and here's why

March 29, 2025

Ding Xuexiang plugs Chinese tech at Boao

What happened: During a keynote speech at the Boao Forum for Asia, Vice Premier Ding Xuexiang sought to assuage concerns over China’s economy and generate excitement about China’s development prospects by touting the country’s recent breakthroughs in AI and robotics: “[Our] technology companies hav…

What happened: During a keynote speech at the Boao Forum for Asia, Vice Premier Ding Xuexiang sought to assuage concerns over China's economy and generate excitement about China's development prospects by touting the country's recent breakthroughs in AI and robotics:

"[Our] technology companies hav...

sources

People.cn: 丁薛祥在博鳌亚洲论坛2025年年会开幕式上的主旨演讲（全文）

March 29, 2025

MIIT to push light industrial firms to adopt AI

What happened: On Monday, China’s industrial regulator (MIIT) released a plan to boost digital transformation in light industrial companies, like home appliance manufacturers, furniture producers, papermakers, and plastics and leather processors. As part of the plan, firms will be pushed to find in…

What happened: On Monday, China's industrial regulator (MIIT) released a plan to boost digital transformation in light industrial companies, like home appliance manufacturers, furniture producers, papermakers, and plastics and leather processors.

As part of the plan, firms will be pushed to find in...

sources

MIIT: 三部门关于印发轻工业数字化转型实施方案的通知

March 29, 2025

CAC promises more experimentation on cross-border data flow mechanisms

What happened: At the annual Zhongguancun Forum on tech and innovation on Thursday, cyberspace administration (CAC) Deputy Director Wang Jingtao promised more experimentation on cross-border data transfers. Quick recap: The CAC walked back overly restrictive data export rules last March, and subsequ…

What happened: At the annual Zhongguancun Forum on tech and innovation on Thursday, cyberspace administration (CAC) Deputy Director Wang Jingtao promised more experimentation on cross-border data transfers.
Quick recap: The CAC walked back overly restrictive data export rules last March, and subsequ...

sources

Caixin: 中央网信办王京涛：在数据跨境上坚持需求牵引、效果导向鼓励地方创新

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