string(13) "markets-macro"

Macro

May 4, 2023

Not out of the woods

Things are looking up for the property sector, but a sustained bounce back is no sure thing. That was the message in a commentary in the State Council-affiliated Economic Daily on Wednesday. Per Kang Shu, who wrote the piece: “In the first quarter, the real estate market experienced a promising rec… Username Password Remember Me… Read More »

“In the first quarter, the real estate market experienced a promising rec...

sources

China.com: 巩固房地产市场企稳回升势头

May 4, 2023

I’ll swap ya

The Swap Connect program is getting closer to launch. On Friday, the central bank (PBoC) issued technical measures governing how the program will work. Some context: On July 4, 2022, the PBoC announced that foreign capital will be allowed to invest in mainland interest rate swaps (IRS) via Hong Kong…

The Swap Connect program is getting closer to launch.
On Friday, the central bank (PBoC) issued technical measures governing how the program will work.
Some context: On July 4, 2022, the PBoC announced that foreign capital will be allowed to invest in mainland interest rate swaps (IRS) via Hong Kong...

sources

PBoC: 中国人民银行公告〔2023〕第8号

PBoC: 中国人民银行有关部门负责人就《内地与香港利率互换市场互联互通合作管理暂行办法》答记者问

Yicai: “互换通”启动在即，国际投资者兴致高

May 4, 2023

A counter offer

RMB internationalization keeps inching forward. 19 companies have applied to be HKD-RMB Dual Counters whereby their Hong Kong Stock Exchange shares will be available to trade in both currencies (Caixin). The list of firms that have signed up since early March reads like a who’s who of Chinese blue c…

RMB internationalization keeps inching forward.
19 companies have applied to be HKD-RMB Dual Counters whereby their Hong Kong Stock Exchange shares will be available to trade in both currencies (Caixin).
The list of firms that have signed up since early March reads like a who’s who of Chinese blue c...

sources

Caixin: 港股人民币柜台倒计时 19家上市公司已递交申请｜星港钱潮

April 29, 2023

Politburo reviews economic performance in Q1

Good progress, but needs help to do better. That’s the headline from the Politburo’s report card on the economy, which dropped on Friday (April 28). Some context: Every quarter, Xi Jinping chairs a Politburo meeting to discuss the state of the economy and decide priorities for the coming quarter. Th…

Good progress, but needs help to do better.
That’s the headline from the Politburo's report card on the economy, which dropped on Friday (April 28).
Some context: Every quarter, Xi Jinping chairs a Politburo meeting to discuss the state of the economy and decide priorities for the coming quarter.
Th...

sources

State Council: 中共中央政治局召开会议分析研究当前经济形势和经济工作中共中央总书记习近平主持会议

April 29, 2023

Also for your consideration…

Consumption wasn’t the only thing on the Politburo’s mind on Friday. They also identified a handful of other areas that are important to China’s economic recovery and its longer-term prospects. Spoiler alert: There wasn’t a lot new here. The top leadership reiterated its desire to attract more for…

Consumption wasn’t the only thing on the Politburo’s mind on Friday.

They also identified a handful of other areas that are important to China’s economic recovery and its longer-term prospects.

Spoiler alert: There wasn't a lot new here.
The top leadership reiterated its desire to attract more for...

sources

State Council: 中共中央政治局召开会议分析研究当前经济形势和经济工作中共中央总书记习近平主持会议

April 28, 2023

Aggregators! Mount up!

China wants safer ride-hailing services. On Wednesday, the Ministry of Transport (MoT) and four other ministries issued new national regulations targeting third-party apps that aggregate ride-hailing platforms. Yesterday, we highlighted how Hefei was cracking down on these aggregators. ICYDK:&nb…

China wants safer ride-hailing services.
On Wednesday, the Ministry of Transport (MoT) and four other ministries issued new national regulations targeting third-party apps that aggregate ride-hailing platforms.

Yesterday, we highlighted how Hefei was cracking down on these aggregators.

ICYDK:&nb...

sources

36kr: 连高德打车都盈利了？网约车聚合模式真的要成了吗？

MoT: 交通运输部办公厅工业和信息化部办公厅公安部办公厅国家市场监督管理总局办公厅国家互联网信息办公室秘书局关于切实做好网约车聚合平台规范管理有关工作的通知

April 28, 2023

Keeping e-commerce on the straight and narrow

China wants fake goods off e-commerce platforms. On Wednesday, China’s market regulator (SAMR) announced a new campaign to stem the tide of shoddy goods on China’s e-commerce platforms. Some context: SAMR already expanded liability for livestreamers and e-commerce platforms selling fake or…

China wants fake goods off e-commerce platforms.
On Wednesday, China’s market regulator (SAMR) announced a new campaign to stem the tide of shoddy goods on China's e-commerce platforms.
Some context: SAMR already expanded liability for livestreamers and e-commerce platforms selling fake or...

sources

People.cn: 市场监管总局：加大监督处罚力度治理电商和直播带货违法乱象

SCIO: 国新办举行《中国打击侵权假冒工作年度报告（2022）》新闻发布会

April 28, 2023

Shanghai Data Exchange establishes international board

The Shanghai Data Exchange (SDE) is helping push China’s influence in digital trade. On Monday, at a data and digital economy conference in Singapore, SDE announced it was creating a new “international board,” offering cross-border data products. Some context: Launched in 2021, SDE is part of a crop…

The Shanghai Data Exchange (SDE) is helping push China’s influence in digital trade.
On Monday, at a data and digital economy conference in Singapore, SDE announced it was creating a new “international board,” offering cross-border data products.
Some context: Launched in 2021, SDE is part of a crop...

sources

news.cn: 上海数据交易所迎来国际板

The Paper: 上海数据交易所国际板启动建设，探索数据跨境双向流动新机制

PR Newswire: With the Establishment of Shanghai Data Exchange International Board, the Exploration of New Mechanisms for Cross-Border Data Flows Starts

Singapore MCI: Digital Economy Partnership Agreement Joint Committee commences Accession Working Group for China

Gov.cn: 全球数据安全倡议（全文）

April 28, 2023

Bribery in cybersecurity standards groups?

You can’t always buy influence. On Wednesday, China’s key standard setting body for cybersecurity (TC260) posted a brief and surprising warning on its website. According to the body (TC260): “… some organizations [have] claimed to companies that they could be included in the drafting units of natio…

You can’t always buy influence.
On Wednesday, China’s key standard setting body for cybersecurity (TC260) posted a brief and surprising warning on its website.
According to the body (TC260):

“… some organizations [have] claimed to companies that they could be included in the drafting units of natio...

sources

TC260: 公告

April 28, 2023

Flash Talk | Q1 economic performance: A mixed bag

In this latest Flash Talk, Trivium’s head of China Markets Research Dinny McMahon and Trivium Co-founder Andrew Polk talk about their expectations for China’s economic trajectory over the rest of the year. The Q1 data sent mixed signals – growth was strong, but certain parts of the economy were dogg…

In this latest Flash Talk, Trivium’s head of China Markets Research Dinny McMahon and Trivium Co-founder Andrew Polk talk about their expectations for China's economic trajectory over the rest of the year. The Q1 data sent mixed signals – growth was strong, but certain parts of the economy were dogg...

April 27, 2023

We will play by the rules

Beijing wants foreign businesses to feel safe about their intellectual property in China. On Wednesday, Executive Vice Premier Ding Xuexiang delivered a speech about IP protection to a World Intellectual Property Organization (WIPO) event in Beijing. Some context: Beijing aims to turn Ch…

Beijing wants foreign businesses to feel safe about their intellectual property in China.
On Wednesday, Executive Vice Premier Ding Xuexiang delivered a speech about IP protection to a World Intellectual Property Organization (WIPO) event in Beijing.
Some context: Beijing aims to turn Ch...

sources

Gov.cn: Chinese vice premier stresses improvement of IPR protection

April 27, 2023

Save the sacred waters

China just passed a lofty law that impacts over two billion people. And that’s a good thing. On Wednesday, the national legislature (NPC) passed the Qinghai-Tibet Plateau Ecological Protection Law aimed at preventing and controlling ecological risks in the high-altitude region. Time for a geograph…

China just passed a lofty law that impacts over two billion people.

And that’s a good thing.

On Wednesday, the national legislature (NPC) passed the Qinghai-Tibet Plateau Ecological Protection Law aimed at preventing and controlling ecological risks in the high-altitude region.
Time for a geograph...

sources

Gov.cn: 中华人民共和国主席令（第五号）

People's Daily: 中华人民共和国青藏高原生态保护法

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162