string(13) "markets-macro"

Macro

January 11, 2025

MIIT launches pilot for wired network upgrades

China is testing out a new generation of wired internet infrastructure. On Thursday, the telecom regulator (MIIT) announced a new pilot program to install ultra-high capacity optical fiber equipment in select residential compounds, factories, and industrial parks. The details: Local officials will … Username Password Remember Me Forgot Password

China is testing out a new generation of wired internet infrastructure.
On Thursday, the telecom regulator (MIIT) announced a new pilot program to install ultra-high capacity optical fiber equipment in select residential compounds, factories, and industrial parks.
The details: Local officials will ...

sources

MIIT: 工业和信息化部办公厅关于开展万兆光网试点工作的通知

January 11, 2025

New study says online education exacerbates socioeconomic divides

The less wealth a child’s family has, the more online learning puts that child at an educational disadvantage. That’s the key finding from a new study conducted by a coalition of Chinese state-backed institutions, including the China Population and Development Research Center. The study examined t…

The less wealth a child's family has, the more online learning puts that child at an educational disadvantage.

That's the key finding from a new study conducted by a coalition of Chinese state-backed institutions, including the China Population and Development Research Center.

The study examined t...

sources

Caixin: 研究：在线教育加剧教育不平等，低社会经济地位学生更显劣势

January 11, 2025

Supreme Court hears oral arguments on TikTok ban

Nine days and counting. On Friday, the Supreme Court heard arguments for and against blocking a law that requires TikTok to divest from its Chinese parent company ByteDance by January 19 or face a nationwide ban. TikTok argues that the law violates the First Amendment. The US government argues that…

Nine days and counting.
On Friday, the Supreme Court heard arguments for and against blocking a law that requires TikTok to divest from its Chinese parent company ByteDance by January 19 or face a nationwide ban.

TikTok argues that the law violates the First Amendment.
The US government argues that...

sources

Associated Press: Live updates: The Supreme Court seems likely to uphold a law that could ban TikTok in the US

January 10, 2025

Market regulator wants feedback on fair competition review measures

On December 25, the State Administration for Market Regulation (SAMR) called for comments on a draft set of implementation measures for boosting fair competition regulations. Some context: When finalized, these draft measures will serve as the implementing rules for the State Council’s Fai…

On December 25, the State Administration for Market Regulation (SAMR) called for comments on a draft set of implementation measures for boosting fair competition regulations.
Some context: When finalized, these draft measures will serve as the implementing rules for the State Council’s Fai...

sources

SAMR: 市场监管总局关于《公平竞争审查条例实施办法（征求意见稿）》公开征求意见的公告

January 10, 2025

Top hydrologist Liu Ning takes over Henan

On December 31, the Party appointed new Party secretaries to four provinces – Hubei, Qinghai, Henan, and Guangxi. We introduced Hubei Party secretary Wang Zhonglin yesterday. Today, we profile the new Henan Party boss, Liu Ning. Liu, 63, replaced Lou Yangsheng, who has reached retirement age. Li…

On December 31, the Party appointed new Party secretaries to four provinces – Hubei, Qinghai, Henan, and Guangxi.

We introduced Hubei Party secretary Wang Zhonglin yesterday.

Today, we profile the new Henan Party boss, Liu Ning.

Liu, 63, replaced Lou Yangsheng, who has reached retirement age.

Li...

sources

Xinhua: 河南省委主要负责同志职务调整刘宁任河南省委书记

January 10, 2025

MofCom finds EU FSR probes constitute trade and investment barrier

Beijing is taking aim at the EU’s 2023 Foreign Subsidies Regulation (FSR). On January 9, the Ministry of Commerce (MofCom) wrapped up its six-month investigation into a series of probes initiated by the EU under the FSR into rail locomotives, wind and solar power equipment, and security equipment. T…

Beijing is taking aim at the EU's 2023 Foreign Subsidies Regulation (FSR).
On January 9, the Ministry of Commerce (MofCom) wrapped up its six-month investigation into a series of probes initiated by the EU under the FSR into rail locomotives, wind and solar power equipment, and security equipment.
T...

sources

MofCom: 商务部公告2025年第3号商务部关于就欧盟依据《外国补贴条例》对中国企业调查中采取的相关做法进行贸易投资壁垒调查最终结论的公告

January 10, 2025

PBoC to tighten offshore RMB liquidity

China’s central bank (PBoC) is planning its largest-ever issuance of bills in Hong Kong, a move designed to relieve downward pressure on the yuan. On Thursday, the PBoC announced it will issue RMB 60 billion worth of six-month yuan-denominated bills in Hong Kong on January 15. That will be the PBoC…

China’s central bank (PBoC) is planning its largest-ever issuance of bills in Hong Kong, a move designed to relieve downward pressure on the yuan.
On Thursday, the PBoC announced it will issue RMB 60 billion worth of six-month yuan-denominated bills in Hong Kong on January 15.

That will be the PBoC...

sources

PBoC: 中央银行票据发行公告 [2025]第1号

Caixin: 央行拟在港发行600亿元央票或为回笼离岸流动性以稳定汇率

FT: China steps up defence of renminbi against Wall Street bets

January 10, 2025

China revises estimated recoverable lithium reserves upward

New estimates from the China Geological Survey just made China the world’s second-largest holder of lithium reserves globally. The estimate published Wednesday revised up China’s share of recoverable lithium reserves from around 6% to a whopping 16.5% of all known global deposits. That makes China …

New estimates from the China Geological Survey just made China the world's second-largest holder of lithium reserves globally.
The estimate published Wednesday revised up China's share of recoverable lithium reserves from around 6% to a whopping 16.5% of all known global deposits.

That makes China ...

sources

China Daily: 开辟新“锂”程碑我国锂储量跃居世界第二

CE.cn: 新闻分析：我国锂储量何以“井喷”、影响几何？

January 10, 2025

Han Zheng to attend Trump’s inauguration

Mr. Han is going to Washington. On Friday, the FT reported that Beijing had notified Trump’s transition team that it planned to send Vice President Han Zheng to attend the inauguration of US President-elect Donald Trump on January 20. Some context: In a break with precedent, Trump personally invited…

Mr. Han is going to Washington.
On Friday, the FT reported that Beijing had notified Trump’s transition team that it planned to send Vice President Han Zheng to attend the inauguration of US President-elect Donald Trump on January 20.
Some context: In a break with precedent, Trump personally invited...

sources

FT: Unusual diplomatic overture comes as Beijing braces for escalating tensions with new administration

January 10, 2025

Sci-tech Popularization Law revised

Everyone needs to get excited about science asap. On December 25, China’s legislature (NPC) passed revisions to the Science and Technology Popularization Law. Background: This is the first time the law has been revised since it was first released in 2002. The short version: The Science and Technol…

Everyone needs to get excited about science asap.
On December 25, China's legislature (NPC) passed revisions to the Science and Technology Popularization Law.
Background: This is the first time the law has been revised since it was first released in 2002.
The short version: The Science and Technol...

sources

MOJ: 中华人民共和国科学技术普及法

January 10, 2025

Mexico tax authorities take aim at SHEIN, Temu

On December 31, Mexico’s tax authority (STA) announced new tariffs that are likely to impact Chinese e-commerce companies like SHEIN and Temu. According to a statement released by STA: “Goods that enter Mexico via courier companies originating from countries that do not have an international trea…

On December 31, Mexico's tax authority (STA) announced new tariffs that are likely to impact Chinese e-commerce companies like SHEIN and Temu.
According to a statement released by STA:

"Goods that enter Mexico via courier companies originating from countries that do not have an international trea...

sources

Reuters: Mexico unveils new tariffs, popular e-tailers like Shein, Temu may be in crosshairs

January 10, 2025

Biden administration prepares to release major export control framework

Biden plans to level one last cannon at China before leaving office. On Wednesday, Bloomberg reported that the Biden administration intends to release a sweeping “Export Control Framework for Artificial Intelligence (AI) Diffusion.” The plan seeks to control and limit US sales of advanced chips gl…

Biden plans to level one last cannon at China before leaving office.
On Wednesday, Bloomberg reported that the Biden administration intends to release a sweeping “Export Control Framework for Artificial Intelligence (AI) Diffusion."

The plan seeks to control and limit US sales of advanced chips gl...

sources

Bloomberg: Biden to Further Limit Nvidia AI Chip Exports in Final Push

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