string(13) "markets-macro"

Macro

January 13, 2023

Not Li-ving just yet

Li Keqiang is down to his last couple of months as premier – but he’s still hard at work shoring up the economy. On Thursday, he visited the headquarters of the market regulator (SAMR) and shared some thoughts on the economy. Li said that recovery is underway, but (Gov.cn): “Market entities, espe… Username Password Remember… Read More »

Li Keqiang is down to his last couple of months as premier – but he's still hard at work shoring up the economy.
On Thursday, he visited the headquarters of the market regulator (SAMR) and shared some thoughts on the economy.
Li said that recovery is underway, but (Gov.cn):

“Market entities, espe...

sources

State Council: 李克强考察市场监管总局并主持召开座谈会

January 13, 2023

SOEs are the key

Wondering what Beijing has in store for state-owned enterprises (SOEs) this year? Lucky you: The regulator for central government-controlled companies (SASAC) convened its annual work meeting on Thursday and outlined its key tasks for the year ahead. As usual, the meeting’s readout bragged about a s…

Wondering what Beijing has in store for state-owned enterprises (SOEs) this year?
Lucky you: The regulator for central government-controlled companies (SASAC) convened its annual work meeting on Thursday and outlined its key tasks for the year ahead.
As usual, the meeting's readout bragged about a s...

sources

The Paper: 国务院国资委：做好债务、房地产等重点领域风险防控

January 12, 2023

Don’t mention the (civil) war

On Tuesday, brand new foreign minister Qin Gang was dashing around Addis Ababa, Ethiopia on the first leg of his Africa trip. Some context: Since 1991, China’s foreign minister has kicked off every year with a multi-country tour of Africa. Qin first paid a visit to Ethiopian Prime Minister Abiy Ahme…

On Tuesday, brand new foreign minister Qin Gang was dashing around Addis Ababa, Ethiopia on the first leg of his Africa trip.
Some context: Since 1991, China’s foreign minister has kicked off every year with a multi-country tour of Africa.
Qin first paid a visit to Ethiopian Prime Minister Abiy Ahme...

sources

MoFA: Ethiopian Prime Minister Abiy Ahmed Ali Meets with Qin Gang

MoFA: Qin Gang Talks about the Progress of the "Outlook on Peace and Development in the Horn of Africa" in Ethiopia

January 12, 2023

Welcome to the company, comrade

What a gift for new year! The Party is delivering top-notch officials right to your door. On Tuesday, Shaanxi Daily reported that the provincial organization department recently sent cadres to 25 large private companies in the province to run Party affairs as first secretaries of their Party branche…

What a gift for new year! The Party is delivering top-notch officials right to your door.
On Tuesday, Shaanxi Daily reported that the provincial organization department recently sent cadres to 25 large private companies in the province to run Party affairs as first secretaries of their Party branche...

sources

People.cn: 陕西省委组织部向重点非公企业选派驻企第一书记

CPC People: “习书记提出浙江党建工作的‘八八战略’”

January 12, 2023

It’s the economy, stupid

That was the message the Ministry of Industry and Information Technology (MIIT) gave to officials at their National Work Conference on Wednesday. The MIIT leadership made supporting China’s industrial economy the top priority among 13 critical tasks for 2023. Bolstering industrial growth is now, of…

That was the message the Ministry of Industry and Information Technology (MIIT) gave to officials at their National Work Conference on Wednesday.
The MIIT leadership made supporting China's industrial economy the top priority among 13 critical tasks for 2023.

Bolstering industrial growth is now, of...

sources

MIIT: 全国工业和信息化工作会议在京召开

STDaily: 工信部公布十三个重点任务！涉大飞机、6G等

January 12, 2023

I’ll see you in (a Chinese) court – Part Two

Lawmakers are mulling legal changes that will make it easier for consumers in China to bring civil charges in Chinese courts against foreign firms whose domicile lies outside China. That’s according to Article 280 of the recently amended China’s Civil Procedure Law (CPL), the draft of which was re…

Lawmakers are mulling legal changes that will make it easier for consumers in China to bring civil charges in Chinese courts against foreign firms whose domicile lies outside China.

That's according to Article 280 of the recently amended China's Civil Procedure Law (CPL), the draft of which was re...

sources

SPC: 周强就民事诉讼法修正草案向全国人大常委会作说明

NPC: 民事诉讼法（修正草案）征求意见

January 12, 2023

I’ll see you in (a Chinese) court – Part One

Foreign states and their properties have long enjoyed legal immunity in China, where Beijing adheres to the principle of absolute sovereign immunity. Those days now appear numbered. That means governments worldwide should brace for lawsuits in Chinese courts. On December 30, China’s legislature (N…

Foreign states and their properties have long enjoyed legal immunity in China, where Beijing adheres to the principle of absolute sovereign immunity.

Those days now appear numbered.
That means governments worldwide should brace for lawsuits in Chinese courts.

On December 30, China's legislature (N...

sources

NPC: 外国国家豁免法（草案）征求意见

Xinhua: 马一德代表：尽快制定符合我国国情的外国国家豁免法

January 12, 2023

Ningbo asks if computing power equals soft power?

On Wednesday, domestic outlet The Paper covered the launch of Ningbo’s first supercomputing center dedicated to AI. The center is part of China’s National Unified Computing Power Network (NUCPN). Some context: The NUCPN aims to combine and distribute the data processing resources of China’s major …

On Wednesday, domestic outlet The Paper covered the launch of Ningbo's first supercomputing center dedicated to AI.

The center is part of China's National Unified Computing Power Network (NUCPN).

Some context: The NUCPN aims to combine and distribute the data processing resources of China's major ...

sources

The Paper: 宁波首个人工智能超算中心上线，用“最强大脑”拉动数字经济

January 12, 2023

No exit wave of inflation

China’s stats bureau (NBS) released the inflation data for December on Thursday. The headlines: The consumer price index (CPI) rose 1.8% y/y in December, up from 1.6% in November. The producer price index (PPI) fell 0.7% y/y in December, less than the 1.3% decline in November. The PPI reading show…

China’s stats bureau (NBS) released the inflation data for December on Thursday.
The headlines:

The consumer price index (CPI) rose 1.8% y/y in December, up from 1.6% in November.
The producer price index (PPI) fell 0.7% y/y in December, less than the 1.3% decline in November.

The PPI reading show...

sources

NBS: 国家统计局城市司首席统计师董莉娟解读2022年12月份CPI和PPI数据

Bloomberg: China Factory Deflation Ebbs Despite Disruption Caused by Covid

January 12, 2023

No internet, no problem

The central bank (PBoC) is working hard to make e-CNY appealing to Chinese consumers. On Wednesday, state media China Securities Journal reported that a new feature has been launched on the Android e-CNY app. The deets: Users can now make e-CNY payments even when an internet connection is not…

The central bank (PBoC) is working hard to make e-CNY appealing to Chinese consumers.
On Wednesday, state media China Securities Journal reported that a new feature has been launched on the Android e-CNY app.
The deets:

Users can now make e-CNY payments even when an internet connection is not...

sources

China Securities Journal: 数字人民币无网无电支付功能上线

January 12, 2023

Perfecting ‘democratic’ policy making

A Chinese government think tank thinks digital governance efforts are not doing enough to advance socialist democracy. ICKDY: China is the world’s “most extensive and comprehensive democracy.” That’s according to Xi Jinping, who insists the state is responsive to the voices of the people. And ho…

A Chinese government think tank thinks digital governance efforts are not doing enough to advance socialist democracy.
ICKDY: China is the world’s “most extensive and comprehensive democracy.”

That’s according to Xi Jinping, who insists the state is responsive to the voices of the people.

And ho...

sources

SIC: 数字政府背景下民众参与政策制定与完善问题研究

January 12, 2023

Tracking Common Prosperity

On Monday, Xiao Ruoshi, a researcher from the State Information Center – a think tank under China’s macro planner (NDRC), offered his thoughts on tracking the progress of Xi Jinping’s Common Prosperity (CP) push. Some context: Officially launched in August 2021, the CP initiative addresses inc…

On Monday, Xiao Ruoshi, a researcher from the State Information Center – a think tank under China’s macro planner (NDRC), offered his thoughts on tracking the progress of Xi Jinping’s Common Prosperity (CP) push.
Some context: Officially launched in August 2021, the CP initiative addresses inc...

sources

SIC: 我国共同富裕目标指标体系体系初探

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