string(13) "markets-macro"

Macro

February 13, 2025

Competitors taking advantage of Illumina’s addition to UEL

Chinese biotech firms are trying to gobble up market share now that US competitor Illumina is on the Unreliable Entity List (UEL). ICYMI: The US biotech giant – the leading manufacturer of high-throughput genetic sequencers, used to sequence DNA for genome research – was added to the UEL on February… Username Password Remember Me … Read More »

Chinese biotech firms are trying to gobble up market share now that US competitor Illumina is on the Unreliable Entity List (UEL).
ICYMI: The US biotech giant – the leading manufacturer of high-throughput genetic sequencers, used to sequence DNA for genome research – was added to the UEL on February...

sources

Sina: 抢占千亿级市场：国内基因测序企业打响置换“竞速战”！

February 13, 2025

All quiet on the online front

Only qualified individuals should be allowed to post content about national defense. On Saturday, the cyberspace regulator (CAC) and nine other bodies jointly released rules governing the dissemination of military information online. The rules cover the many military divisions, state agencies, loc…

Only qualified individuals should be allowed to post content about national defense.
On Saturday, the cyberspace regulator (CAC) and nine other bodies jointly released rules governing the dissemination of military information online.

The rules cover the many military divisions, state agencies, loc...

sources

Ministry of National Defense: 关于印发《互联网军事信息传播管理办法》的通知

February 13, 2025

Did censorship create a data resource crunch for AI companies?

China’s data regulators are worried that China has less high-quality AI training data than the US. On Tuesday, the National Data Administration published an article in S&T Daily on the challenges to building high-quality AI training data sets. The agency also outlined its intended policy solut…

China's data regulators are worried that China has less high-quality AI training data than the US.
On Tuesday, the National Data Administration published an article in S&T Daily on the challenges to building high-quality AI training data sets.

The agency also outlined its intended policy solut...

sources

STDaily: 科技日报 | 加快建设人工智能高质量数据集

February 12, 2025

Apple forced to find a local partnership on AI

Is Apple Intelligence coming to China soon? On Tuesday, The Information reported that Apple has partnered with Alibaba to bring its on-device GenAI feature to China. The co-developed model has already been submitted for regulatory approval. Some context: With China sales declining amid inten…

Is Apple Intelligence coming to China soon?
On Tuesday, The Information reported that Apple has partnered with Alibaba to bring its on-device GenAI feature to China.

The co-developed model has already been submitted for regulatory approval.

Some context: With China sales declining amid inten...

sources

The Information: Apple Partners With Alibaba to Develop AI Features for iPhone Users in China

February 12, 2025

Vanke gets RMB 2.8 billion loan from state-owned shareholder

Authorities are doubling down on their message that Vanke is too big to fail. In a Monday filing, Vanke said it has secured an RMB 2.8 billion loan from its biggest shareholder, state-owned Shenzhen Metro Group (HKEX). The three-year loan will go toward repaying Vanke’s outstanding debt. The loan’…

Authorities are doubling down on their message that Vanke is too big to fail.
In a Monday filing, Vanke said it has secured an RMB 2.8 billion loan from its biggest shareholder, state-owned Shenzhen Metro Group (HKEX).

The three-year loan will go toward repaying Vanke’s outstanding debt.

The loan’...

sources

HKEX: CONNECTED TRANSACTION RECEIPT OF FINANCIAL ASSISTANCE FROM SUBSTANTIAL SHAREHOLDER AND PROVISION OF ASSET COLLATERAL

Cailianshe: 万科获大股东市场化、法治化方式支持深铁借款28亿助力其化债

Securities Times: 万科管理层巨变！

Bloomberg: Vanke Gets $383 Million Loan From State Backer for Debt

February 12, 2025

Holidays disproportionately depress NEV sales in January

January was a slow start to the year for China’s new energy vehicle (NEV) market. According to the January retail data from the China Passenger Car Association: NEV sales dipped to 744,000, up 11% y/y but down 43% m/m Internal combustion engine (ICE) vehicle sales dropped to 1.05 million, down 23% …

January was a slow start to the year for China's new energy vehicle (NEV) market.
According to the January retail data from the China Passenger Car Association:

NEV sales dipped to 744,000, up 11% y/y but down 43% m/m
Internal combustion engine (ICE) vehicle sales dropped to 1.05 million, down 23% ...

sources

Yiche: 乘联会：1月乘用车市场零售179.4万辆同比下降12.1%

February 12, 2025

Consumer electronics sales surge following new government subsidies

Sales of consumer electronics have soared following new government subsidies. ICYMI: In early January, Beijing expanded its consumer goods trade-in program to include consumer electronics. Purchases of mobile phones, tablets, and smartwatches are entitled to a 15% discount, funded by government sub…

Sales of consumer electronics have soared following new government subsidies.
ICYMI: In early January, Beijing expanded its consumer goods trade-in program to include consumer electronics.

Purchases of mobile phones, tablets, and smartwatches are entitled to a 15% discount, funded by government sub...

sources

MofCom: 商务部等5部门办公厅关于印发《手机、平板、智能手表（手环）购新补贴实施方案》的通知

The Paper: 全国手机等数码产品购新补贴申请人数突破2000万

Sina Finance: 购新补贴落地手机等数码产品销量猛增

February 12, 2025

State Council promises more measures to tackle overcapacity

Beijing is determined to rein in industrial overcapacity. So said Premier Li Qiang at Monday’s State Council meeting. ICYDK: Sectors critical to China’s industrial economy – including steel, autos, solar, wind, and batteries – suffer from massive manufacturing overcapacity, undermining market pric…

Beijing is determined to rein in industrial overcapacity.

So said Premier Li Qiang at Monday’s State Council meeting.

ICYDK: Sectors critical to China’s industrial economy – including steel, autos, solar, wind, and batteries – suffer from massive manufacturing overcapacity, undermining market pric...

sources

Gov.cn: 李强主持召开国务院常务会议研究提振消费有关工作等

February 12, 2025

US pushes deregulation at AI Action Summit

Geopolitical AI blocs are forming. On Monday, the AI Action Summit kicked off in Paris. The event brings together world leaders to discuss the global AI governance agenda. Representatives from over 100 countries attended, including from China. There’s been plenty of excitement so far. Most notab…

Geopolitical AI blocs are forming.
On Monday, the AI Action Summit kicked off in Paris.

The event brings together world leaders to discuss the global AI governance agenda.
Representatives from over 100 countries attended, including from China.

There's been plenty of excitement so far. Most notab...

sources

WSJ: Vance pushes ‘America First’ AI agenda, accuses allies of overregulation

BBC: UK and US refuse to sign international AI declaration

Global Times: World leaders seek common ground at Paris AI summit

February 12, 2025

Surveilling the surveillance network

Beijing is bringing state surveillance networks into line with data security laws. On Monday, the State Council published regulations on public security camera systems. That is, cameras run by the police, not privately operated by companies. Some context: Rules for operation of surveillance camera…

Beijing is bringing state surveillance networks into line with data security laws.
On Monday, the State Council published regulations on public security camera systems.

That is, cameras run by the police, not privately operated by companies.

Some context: Rules for operation of surveillance camera...

sources

State Council: 公共安全视频图像信息系统管理条例

February 11, 2025

MoST just got more opaque

The Ministry of Science and Technology (MoST) is becoming increasingly secretive. Some context: MoST underwent a massive reorganization in 2023 with a new mission to double down on China’s tech self-sufficiency push. Since then, MoST has operated in an increasingly nontransparent manner…

The Ministry of Science and Technology (MoST) is becoming increasingly secretive.
Some context: MoST underwent a massive reorganization in 2023 with a new mission to double down on China’s tech self-sufficiency push.

Since then, MoST has operated in an increasingly nontransparent manner...

sources

Ministry of Science and Technology: 组织机构

Wayback Machine: 组织机构

February 11, 2025

Zhuhai buys back 14 land plots using SPB proceeds

The local government land buy-back scheme for property developers is slowly creaking into gear. On Friday, Zhuhai city in Guangdong province announced plans to repurchase 14 land plots from property developers for RMB 6.64 billion. This marks the first officially disclosed land acquisition funded b…

The local government land buy-back scheme for property developers is slowly creaking into gear.
On Friday, Zhuhai city in Guangdong province announced plans to repurchase 14 land plots from property developers for RMB 6.64 billion.

This marks the first officially disclosed land acquisition funded b...

sources

Zhuhai Municipal Bureau of Natural Resources: 珠海市自然资源局关于珠海市2025年第一批土地储备领域申报地方政府专项债券项目用地收储价格的公示

Cailianshe: 珠海运用专项债实施2025年首批土地收储涉及14宗地总价逾66亿

Cailianshe: 获7.81亿现金补偿金茂有望成今年专项债资金收储“首吃螃蟹者”

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162