string(13) "markets-macro"

Macro

April 26, 2023

The property taxman cometh?

It looks like Beijing is laying the groundwork for a nationwide property tax. The latest: On Tuesday, Minster of Natural Resources Wang Guanghua announced the successful implementation of a nationwide, unified real estate registration system. Sounds boring, but it’s a big deal: The system, which re… Username Password Remember Me Forgot Password

It looks like Beijing is laying the groundwork for a nationwide property tax.
The latest: On Tuesday, Minster of Natural Resources Wang Guanghua announced the successful implementation of a nationwide, unified real estate registration system.
Sounds boring, but it’s a big deal:

The system, which re...

sources

CCTV: 我国全面实现不动产统一登记累计颁发不动产权证书近8亿本

Sohu: 不动产统一登记全面落地！专家：不影响房价，为征收房地产税提供技术支持

April 26, 2023

Senators see murky Chinese clouds

Chinese cloud computing platforms may become the next target of US sanctions. On Tuesday, several Republican senators urged the Biden administration to impose sanctions or export controls on Chinese cloud providers for assisting the Chinese military and US-sanctioned entities. Some conte…

Chinese cloud computing platforms may become the next target of US sanctions.
On Tuesday, several Republican senators urged the Biden administration to impose sanctions or export controls on Chinese cloud providers for assisting the Chinese military and US-sanctioned entities.
Some conte...

sources

Reuters: Biden should sanction Huawei Cloud, other Chinese firms -senators

IDC: IDC：逆风之下，压力加剧——2022上半年，中国公有云服务市场增长放缓

April 26, 2023

Feeding the region

The fastest way to an ally’s heart is through their stomach. That’s why Beijing is backing a year-long effort to boost cooperation on agriculture and food security with the Association of Southeast Asian Nations (ASEAN). On Tuesday, Vice Premier Liu Guozhong, who oversees food security, kicked thing…

The fastest way to an ally's heart is through their stomach.
That's why Beijing is backing a year-long effort to boost cooperation on agriculture and food security with the Association of Southeast Asian Nations (ASEAN).
On Tuesday, Vice Premier Liu Guozhong, who oversees food security, kicked thing...

sources

Gov.cn: Chinese vice premier calls for deepening China-ASEAN agricultural cooperation

Gov.cn: Chinese premier sends congratulatory letter to China-ASEAN agricultural cooperation ceremony

Gov.cn: 中国－东盟农业发展和粮食安全合作年开幕刘国中出席并致辞

April 26, 2023

Xi-d Meier’s Xivilization

Take that, Samuel Huntington! On Tuesday, Xi Jinping sent a message to the General Assembly of the Alliance for Cultural Heritage in Asia (ACHA), which was established this week in Xi’an, Shaanxi. The what now? According to state media, ACHA’s purpose is “protecting Asian cultural heritage and deepe…

Take that, Samuel Huntington!
On Tuesday, Xi Jinping sent a message to the General Assembly of the Alliance for Cultural Heritage in Asia (ACHA), which was established this week in Xi’an, Shaanxi.
The what now? According to state media, ACHA’s purpose is “protecting Asian cultural heritage and deepe...

sources

MoFA: Xi Jinping Sends Congratulatory Message to the General Assembly of the Alliance for Cultural Heritage in Asia

CGTN: Global Civilization Initiative: China contributes to development, progress of human civilization

Global Times: Global Civilization Initiative – another gift from China to world: Global Times editorial

April 26, 2023

Trying to trade up

Beijing is bracing for a year of weak exports. To stop the rot, the State Council on Tuesday published an 18-point plan for promoting foreign trade. Some context: China’s exports grew strongly throughout most of the pandemic. However, except for a spike in March, they’ve been gradually declining sin…

Beijing is bracing for a year of weak exports.
To stop the rot, the State Council on Tuesday published an 18-point plan for promoting foreign trade.
Some context: China’s exports grew strongly throughout most of the pandemic. However, except for a spike in March, they’ve been gradually declining sin...

sources

State Council: 国务院办公厅关于推动外贸稳规模优结构的意见

April 26, 2023

The tech innovation dilemma

Beijing wants the private sector to boost tech innovation. The latest: On Friday, Xi Jinping chaired the first meeting of the Central Commission for Comprehensively Deepening Reform (CCCDR) since the leadership reshuffle in October. The CCCDR is China’s most important policymaking body. Top…

Beijing wants the private sector to boost tech innovation.
The latest: On Friday, Xi Jinping chaired the first meeting of the Central Commission for Comprehensively Deepening Reform (CCCDR) since the leadership reshuffle in October.

The CCCDR is China's most important policymaking body.

Top...

sources

Xinhua: 习近平主持召开二十届中央全面深化改革委员会第一次会议强调守正创新真抓实干在新征程上谱写改革开放新篇章李强王沪宁蔡奇出席

April 26, 2023

Hainan tries a little tenure-ness with foreign academia

China wants more foreign universities teaching Chinese students in STEM and other shortage subjects. The latest: On Sunday, the Ministry of Education (MoE) and the Hainan provincial government announced they were loosening restrictions on establishing foreign universities in Hainan. Some cont…

China wants more foreign universities teaching Chinese students in STEM and other shortage subjects.
The latest: On Sunday, the Ministry of Education (MoE) and the Hainan provincial government announced they were loosening restrictions on establishing foreign universities in Hainan.
Some cont...

sources

MOE: 教育部海南省人民政府关于印发《境外高等教育机构在海南自由贸易港办学暂行规定》的通知

MOE: 落实海南自由贸易港法推进高水平教育对外开放

April 26, 2023

Ali’s sunshine in the Cloud

Alibaba’s prospects for winning government contracts are looking bright. On Sunday, Alibaba announced that its cloud subsidiary, Ali Cloud, had signed a cooperative agreement with the new Shenzhen Data Exchange (SZDEX). Some context: Ali Cloud has previously signed cooperative agreements with other …

Alibaba’s prospects for winning government contracts are looking bright.
On Sunday, Alibaba announced that its cloud subsidiary, Ali Cloud, had signed a cooperative agreement with the new Shenzhen Data Exchange (SZDEX).
Some context: Ali Cloud has previously signed cooperative agreements with other ...

sources

SCMP: Alibaba’s cloud services unit expands business with China’s data exchanges under major new deal in southern tech hub Shenzhen

April 25, 2023

Keep battling for a beautiful China

The smog shrank a bit further in 2022, but way more must be done to save the environment. That was Minister of Ecology and Environment Huang Runqiu’s message on Monday, delivering a report to a session of the national legislature (NPCSC). Huang didn’t downplay the challenge (The Paper): “The task o…

The smog shrank a bit further in 2022, but way more must be done to save the environment.
That was Minister of Ecology and Environment Huang Runqiu’s message on Monday, delivering a report to a session of the national legislature (NPCSC).
Huang didn't downplay the challenge (The Paper):

“The task o...

sources

The Paper: 黄润秋：当前生态文明建设正处于压力叠加、负重前行的关键期

April 25, 2023

Ding Xuexiang, the science guy, talks data

Executive vice premier Ding Xuexiang’s sci-tech portfolio just got confirmed. How do we know? On Monday, Ding delivered the opening speech to the Fourth United Nations World Data Forum in Hangzhou. Some context: Founded in 2017, the UN World Data Forum aims to boost cooperation in the global data …

Executive vice premier Ding Xuexiang’s sci-tech portfolio just got confirmed.
How do we know?

On Monday, Ding delivered the opening speech to the Fourth United Nations World Data Forum in Hangzhou.

Some context: Founded in 2017, the UN World Data Forum aims to boost cooperation in the global data ...

sources

Xinhua: 第四届联合国世界数据论坛开幕丁薛祥宣读习近平主席贺信并致辞

April 25, 2023

You reap what you sow

Beijing wants to fix the intellectual property (IP) problems that plague the seed industry. On Friday, Zhao Leji – China’s third-highest-ranking Party official and chairman of the National People’s Congress (NPC) Standing Committee – launched an inspection of Seed Law implementation. Some context: …

Beijing wants to fix the intellectual property (IP) problems that plague the seed industry.
On Friday, Zhao Leji – China's third-highest-ranking Party official and chairman of the National People's Congress (NPC) Standing Committee – launched an inspection of Seed Law implementation.
Some context: ...

sources

Gov.cn: 赵乐际主持召开全国人大常委会种子法执法检查组第一次全体会议

April 25, 2023

You mean there’s another way??

If China can modernize, you can too! That was Foreign Minister Qin Gang’s upbeat message at the Lanting Forum on Friday in Shanghai. Some context: Established by China’s foreign ministry in 2010, the event brings together figures from government, business, and academia to discuss global issues. It’…

If China can modernize, you can too!
That was Foreign Minister Qin Gang’s upbeat message at the Lanting Forum on Friday in Shanghai.
Some context: Established by China’s foreign ministry in 2010, the event brings together figures from government, business, and academia to discuss global issues.

It’...

sources

MoFA: Chinese Modernization: New Opportunities for the World

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