string(13) "markets-macro"

Macro

December 14, 2024

If you build it, we will pay for it

Surprise, surprise: Indigenous innovation will remain the top priority for China’s 2025 tech agenda. That’s the message from Thursday’s Central Economic Work Conference (CEWC). ICYDK: The CEWC – held every December – sets China’s highest-level economic agenda for the coming year. The CEWC readout … Username Password Remember Me Forgot Password

Surprise, surprise: Indigenous innovation will remain the top priority for China’s 2025 tech agenda.

That’s the message from Thursday’s Central Economic Work Conference (CEWC).

ICYDK: The CEWC – held every December – sets China’s highest-level economic agenda for the coming year.
The CEWC readout ...

sources

Xinhua: 中央经济工作会议在北京举行习近平发表重要讲话

December 14, 2024

Jingzhou drone crash highlights dangers of unregulated development

On Thursday, an autonomous drone crashed onto a street in Jingzhou, Hubei, marking the first large drone crash in an urban area in China. The deets: The crash occurred dangerously close to residential areas, sparking a large fire, and one person was injured. Online comments are already urging the g…

On Thursday, an autonomous drone crashed onto a street in Jingzhou, Hubei, marking the first large drone crash in an urban area in China.
The deets: The crash occurred dangerously close to residential areas, sparking a large fire, and one person was injured.

Online comments are already urging the g...

sources

Caixin: 湖北荆州一大型固定翼应急无人机在市区坠毁

December 14, 2024

Tech and trade war roundup: Taking the gloves off

To view the roundup as a PDF, click here. Welcome to another edition of Trivium’s US-China tech and trade war roundup. In these monthly reports, we break down key geopolitical developments shaping the economic relationship between Beijing, Washington, and beyond. The rundown US-China economic and te…

To view the roundup as a PDF, click here.
Welcome to another edition of Trivium’s US-China tech and trade war roundup. In these monthly reports, we break down key geopolitical developments shaping the economic relationship between Beijing, Washington, and beyond.
The rundown
US-China economic and te...

December 13, 2024

Policymakers promise a plan to boost consumption

The Central Economic Work Conference (CEWC) promised an all-out effort to revive China’s sluggish consumer demand. According to the meeting readout: “To address the prominent issue of insufficient demand, efforts will focus on boosting domestic demand, particularly consumer demand from households.”…

The Central Economic Work Conference (CEWC) promised an all-out effort to revive China's sluggish consumer demand.
According to the meeting readout:

“To address the prominent issue of insufficient demand, efforts will focus on boosting domestic demand, particularly consumer demand from households.”...

sources

Xinhua: 中央经济工作会议在北京举行习近平发表重要讲话

December 13, 2024

Beijing has fully deployed RMB 1 trillion in special treasury bonds

On Friday, the macro planner (NDRC) disclosed that the central government has distributed all proceeds from the RMB 1 trillion in ultra-long special treasury bonds (STBs) issued from May to November. According to the NDRC, 70% of the funds have been allocated to “two major” projects and 30% to “two…

On Friday, the macro planner (NDRC) disclosed that the central government has distributed all proceeds from the RMB 1 trillion in ultra-long special treasury bonds (STBs) issued from May to November.

According to the NDRC, 70% of the funds have been allocated to “two major” projects and 30% to “two...

sources

People's Daily: 七千亿元超长期特别国债已分三批安排到“两重”项目

December 13, 2024

Developers’ inventory glut dampens near-term outlook for land sales

China’s faltering land sales won’t recover any time soon. That’s because developers are focused on liquidating their existing unsold inventory over pursuing new projects. According to a survey by independent data provider China Real Estate Information Corp (CRIC), published Wednesday: At the end o…

China’s faltering land sales won’t recover any time soon.
That's because developers are focused on liquidating their existing unsold inventory over pursuing new projects.
According to a survey by independent data provider China Real Estate Information Corp (CRIC), published Wednesday:

At the end o...

sources

CRIC: 专题回顾 | 典型房企土地储备结构分析

NBS: 2020年1—12月份全国房地产开发投资和销售情况

NBS: 2024年1—10月份全国房地产市场基本情况

December 13, 2024

Beijing reportedly considering weaker CNY in 2025

Beijing is reportedly considering allowing the yuan to depreciate in 2025. On Wednesday, Reuters cited three unnamed sources as saying China’s top leaders are discussing partly offsetting the effects of additional US tariffs with a weaker currency. ICYDK: Trump has pledged to impose a 60% tarif…

Beijing is reportedly considering allowing the yuan to depreciate in 2025.
On Wednesday, Reuters cited three unnamed sources as saying China’s top leaders are discussing partly offsetting the effects of additional US tariffs with a weaker currency.
ICYDK: Trump has pledged to impose a 60% tarif...

sources

Reuters: Exclusive: Chinese authorities are considering a weaker yuan as Trump trade risks loom

December 13, 2024

Foreign affairs roundup: Xi calls for dialogue with US, talks up cooperation with Russia and more

Even amid all the hubbub over the Central Economic Work Conference (CEWC), Chinese diplomacy keeps on truckin’. Here’s a smattering of the stuff that’s mattering: On Wednesday, Xi Jinping sent a congratulatory letter to the US-China Business Council’s (USCBC) annual gala dinner. Xi said that the tw…

Even amid all the hubbub over the Central Economic Work Conference (CEWC), Chinese diplomacy keeps on truckin’.
Here’s a smattering of the stuff that’s mattering:

On Wednesday, Xi Jinping sent a congratulatory letter to the US-China Business Council’s (USCBC) annual gala dinner. Xi said that the tw...

sources

Xinhua: Xi says China, U.S. should choose dialogue over confrontation

Xinhua: Chinese VP meets French delegation attending China-France Track Two High-Level Dialogue

Xinhua: Xi meets United Russia party chairman Medvedev

Xinhua: Xi receives credentials of new ambassadors to China

December 13, 2024

CEWC vows to tackle cleantech overcapacity

Policymakers look likely to adopt a more forceful approach to tackling cleantech overcapacity. Thursday’s Central Economic Work Conference (CEWC) readout urged officials to: “Comprehensively address ‘involution-style’ competition and regulate the behavior of local governments and corporations” Som…

Policymakers look likely to adopt a more forceful approach to tackling cleantech overcapacity.
Thursday’s Central Economic Work Conference (CEWC) readout urged officials to:

“Comprehensively address 'involution-style' competition and regulate the behavior of local governments and corporations”

Som...

sources

Gov.cn: 中央经济工作会议在北京举行习近平发表重要讲话

December 13, 2024

SAMR asks PDD to fix controversial refund feature

On Wednesday, Bloomberg reported that China’s market regulator (SAMR) has asked e-commerce giant PDD Holdings to fix its Simply Refund feature. That’s according to anonymous sources. Some background: In October, we told you that e-commerce platforms were experiencing widespread backlash to a new …

On Wednesday, Bloomberg reported that China's market regulator (SAMR) has asked e-commerce giant PDD Holdings to fix its Simply Refund feature.

That's according to anonymous sources.

Some background: In October, we told you that e-commerce platforms were experiencing widespread backlash to a new ...

sources

Bloomberg: China Watchdog Orders Temu-Owner PDD to Fix Refunds Policy

December 13, 2024

Infineon to expand local production in China

German auto chipmaker Infineon is playing along with Beijing’s localization push. Per CEO Jochen Hanebeck (Nikkei Asia): “Customers in China are asking for localization of production for those parts which are very difficult to replace.” “That’s why we will transfer some of our products to fou…

German auto chipmaker Infineon is playing along with Beijing’s localization push.
Per CEO Jochen Hanebeck (Nikkei Asia):

“Customers in China are asking for localization of production for those parts which are very difficult to replace.”
“That's why we will transfer some of our products to fou...

sources

Nikkei: Infineon sees demand for local semiconductor production in China: CEO

December 13, 2024

NRTA is unamused by AI-modified classic art

Your silly AI-edited videos don’t count as art. On Saturday, the National Radio and Television Administration (NRTA) issued regulatory guidance on the AI-enabled modification of classic artistic works. Some context: Fanciful edits of famous dramas have become a viral phenomenon in China. This mostl…

Your silly AI-edited videos don’t count as art.
On Saturday, the National Radio and Television Administration (NRTA) issued regulatory guidance on the AI-enabled modification of classic artistic works.
Some context: Fanciful edits of famous dramas have become a viral phenomenon in China.

This mostl...

sources

Secrss: 广电总局发布管理提示，AI“魔改”须有边界

NRTA: 广电总局要求规范AI“魔改”短视频

21st Century Biz: 21解读丨AI魔改从热爱走向失序　需界定技术参与下创新边界

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162