string(13) "markets-macro"

Macro

September 28, 2022

Greasing the wheels of trade

We’ve expected exports to slow for some time. It’s now happening – and Beijing is worried. On Wednesday, the commerce ministry (MofCom) issued new measures to boost foreign trade. MofCom Vice Minister Wang Shouwen said the measures were necessary because: “The growth of external demand is slowin… Username Password Remember Me Forgot Password

We’ve expected exports to slow for some time.

It’s now happening – and Beijing is worried.

On Wednesday, the commerce ministry (MofCom) issued new measures to boost foreign trade.
MofCom Vice Minister Wang Shouwen said the measures were necessary because:

“The growth of external demand is slowin...

sources

SCIO: 国新办举行支持外贸稳定发展有关情况国务院政策例行吹风会

MofCom: 商务部关于印发支持外贸稳定发展若干政策措施的通知

September 28, 2022

Everyone’s getting green and innovative

Green tech needs to be pushed. And it needs to be pushed now. On Tuesday, the macro planner (NDRC) and the Ministry of Science and Technology (MoST) presided over a meeting of the “inter-ministerial coordination mechanism for green technology innovation.” The meeting aims to do what it sounds like: …

Green tech needs to be pushed. And it needs to be pushed now.
On Tuesday, the macro planner (NDRC) and the Ministry of Science and Technology (MoST) presided over a meeting of the “inter-ministerial coordination mechanism for green technology innovation.”
The meeting aims to do what it sounds like: ...

sources

NDRC: 国家发展改革委环资司、科技部社发司召开绿色技术创新部际协调机制会议

September 28, 2022

Meta removes fake Chinese influence accounts ahead of US election

On Tuesday, Meta announced that it had removed accounts on its platforms in what the company says is the first targeted campaign by China to interfere in a US election. Some context: Campaigns are heating up ahead of the US mid-terms in November. Definitive attribution is elusive, but Meta said the …

On Tuesday, Meta announced that it had removed accounts on its platforms in what the company says is the first targeted campaign by China to interfere in a US election.
Some context: Campaigns are heating up ahead of the US mid-terms in November.
Definitive attribution is elusive, but Meta said the ...

sources

NYT: Meta Removes Chinese Effort to Influence U.S. Elections

September 28, 2022

What’s better than a 10G-PON port?

China’s mobile giants are praising the benefits of their next-gen fiber broadband transmission ports. On Thursday, domestic media reported that China Mobile and ZTE had successfully tested 50G-PON ports in Jiangsu province. “50G” stands for 50 Gigabits per second (Gbps), a measurement of network tr…

China’s mobile giants are praising the benefits of their next-gen fiber broadband transmission ports.
On Thursday, domestic media reported that China Mobile and ZTE had successfully tested 50G-PON ports in Jiangsu province.

"50G" stands for 50 Gigabits per second (Gbps), a measurement of network tr...

sources

C114: 中国移动携手中兴通讯完成50G PON样机现网验证

C-Data: Next-Generation PON technology “War”: 25G PON VS 50G PON

September 28, 2022

Henan enters the Metaverse

Last week, Henan issued its Metaverse Industry Development Action Plan (2022-2025), which aims to give the province a jump in the emerging sector. Some context: Several local governments have kicked off metaverse projects this year. However, to our knowledge, this is the first provincial-level plan…

Last week, Henan issued its Metaverse Industry Development Action Plan (2022-2025), which aims to give the province a jump in the emerging sector.
Some context: Several local governments have kicked off metaverse projects this year.

However, to our knowledge, this is the first provincial-level plan...

sources

Source: 河南省人民政府办公厅关于印发河南省元宇宙产业发展行动计划（2022—2025年）的通知

September 28, 2022

New la la

On Friday, the macro planner (NDRC) held a lengthy presser promoting major infrastructure development. What caught our eye: Remarks on so-called “new infrastructure.” That is, infrastructure projects based on cutting-edge tech – like 5G and computing power – that China hopes will drive industrial u…

On Friday, the macro planner (NDRC) held a lengthy presser promoting major infrastructure development.
What caught our eye: Remarks on so-called “new infrastructure.”

That is, infrastructure projects based on cutting-edge tech – like 5G and computing power – that China hopes will drive industrial u...

sources

NDRC: 国家发展改革委新闻发布会介绍重大基础设施建设有关情况

September 28, 2022

Rock & censor-delayed roll

Chinese censors are ready to rock! On Tuesday, the Ministry of Culture and Tourism (MoCT) released draft regulations requiring broadcast delays for any live-streamed cultural performance, event or concert. Background: MoCT has been tightening censorship recently, including through issuing code…

Chinese censors are ready to rock!
On Tuesday, the Ministry of Culture and Tourism (MoCT) released draft regulations requiring broadcast delays for any live-streamed cultural performance, event or concert.
Background: MoCT has been tightening censorship recently, including through issuing code...

sources

Ministry of Culture and Tourism: 文化和旅游部关于《文化和旅游部关于规范网络演出剧（节）目经营活动推动行业健康有序发展的通知（征求意见稿）》公开征求意见的公告

SCMP: Chinese regulator pushes for broadcast delay of all online concerts and shows, tightening censorship of live-streamed content

September 28, 2022

Socialist security

Beijing’s big plans require big money. On Tuesday, the National Social Security Fund (NSSF) dropped high-level industrial investment guidelines. ICYDK: The NSSF – China’s state-managed social security fund – oversees around RMB 3 trillion in pension savings. Per the accompanying press readout, indus…

Beijing’s big plans require big money.
On Tuesday, the National Social Security Fund (NSSF) dropped high-level industrial investment guidelines.
ICYDK: The NSSF – China’s state-managed social security fund – oversees around RMB 3 trillion in pension savings.
Per the accompanying press readout, indus...

sources

NSSF: 社保基金会有关部门负责人就《全国社会保障基金理事会实业投资指引》答记者问

September 27, 2022

20th Party Congress Preview – 12 Key Questions to Watch

The Chinese Communist Party will convene its 20th Party Congress on October 16. Held once every five years, Party congresses indicate the authority of China’s top leader, reshuffle the country’s most senior officials, and lay out the country’s policy agenda for the coming five years (or longer). P…

The Chinese Communist Party will convene its 20th Party Congress on October 16.

Held once every five years, Party congresses indicate the authority of China’s top leader, reshuffle the country’s most senior officials, and lay out the country’s policy agenda for the coming five years (or longer).

P...

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September 27, 2022

Sovereignty and all that

On Thursday, Foreign Minister Wang Yi met with his Ukrainian counterpart Dmytro Kuleba on the sidelines of the 77th meeting of the United Nations General Assembly in New York. Some context: The pair last spoke over the phone back in April, when Wang pushed for peace talks between Russia and Ukraine….

On Thursday, Foreign Minister Wang Yi met with his Ukrainian counterpart Dmytro Kuleba on the sidelines of the 77th meeting of the United Nations General Assembly in New York.
Some context: The pair last spoke over the phone back in April, when Wang pushed for peace talks between Russia and Ukraine....

sources

MoFA: Wang Yi Meets with Foreign Minister Dmytro Kuleba of Ukraine

September 27, 2022

How to get on the ultimate Party guest list?

With all due respect, if you have to ask, you ain’t getting listed. Political loyalty remains the most important quality for anyone trying to qualify as a delegate to the national congress the Party convenes every five years. And that loyalty increasingly means loyalty to Party chief Xi Jinping. O…

With all due respect, if you have to ask, you ain't getting listed.
Political loyalty remains the most important quality for anyone trying to qualify as a delegate to the national congress the Party convenes every five years.

And that loyalty increasingly means loyalty to Party chief Xi Jinping.

O...

sources

Xinhua: 中共中央发出通知部署党的二十大代表选举工作

Xinhua: 中央组织部负责人就党的二十大代表选举工作情况答新华社记者问

Sohu: 十九大一线党员代表比例提高

September 27, 2022

Carefully curated and collated cultural confidence

On Monday, Xinhua reported that Xi Jinping has penned a foreward for China’s “Revitalization Library,” a five-volume work of key documents related to China’s historical and ideological development from 1840 (the time of the First Opium War) to the present. The first three volumes will hit shelves i…

The first three volumes will hit shelves i...

sources

Xinhua: Xi writes foreword for literature collection on rejuvenation

Xinhua: Meeting of CPC Central Committee Political Bureau proposes convening 20th CPC National Congress on Oct. 16 in Beijing

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