string(13) "markets-macro"

Macro

May 9, 2022

Silly rabbit, tips aren’t for kids

Regulators just took what could be a serious swipe at live-streaming platforms’ bottom line. On Friday, the CAC and the National Radio and Television Administration (NRTA) released new regulations further limiting the ability of minors to participate in live-streaming. The rules ban minors un… Username Password Remember Me Forgot Password

Regulators just took what could be a serious swipe at live-streaming platforms’ bottom line.
On Friday, the CAC and the National Radio and Television Administration (NRTA) released new regulations further limiting the ability of minors to participate in live-streaming.
The rules ban minors un...

sources

CAC: 关于规范网络直播打赏加强未成年人保护的意见

May 9, 2022

On edge

On Friday, Bloomberg reported that unrest broke out at the Shanghai Quanta factory as workers pushed back against closed-loop COVID control measures. ICYDK: Quanta is a key supplier for both Apple and Tesla. Background: As Shanghai tries to balance production resumption and COVID control, …

On Friday, Bloomberg reported that unrest broke out at the Shanghai Quanta factory as workers pushed back against closed-loop COVID control measures.
ICYDK: Quanta is a key supplier for both Apple and Tesla.
Background: As Shanghai tries to balance production resumption and COVID control, ...

sources

Bloomberg: Workers at Apple China Plant Clash With Guards Over Lockdowns

May 6, 2022

Sanctions for Hikvision?

The US looks poised to up the China sanctions ante. On Wednesday, the FT scooped that the Biden administration is mulling new sanctions against video surveillance company Hikvision over human rights abuses in Xinjiang. And not just any sanctions, either. Big, heavy sanctions. Word on the str…

The US looks poised to up the China sanctions ante.
On Wednesday, the FT scooped that the Biden administration is mulling new sanctions against video surveillance company Hikvision over human rights abuses in Xinjiang.

And not just any sanctions, either. Big, heavy sanctions.

Word on the str...

sources

FT: US moves towards imposing sanctions on Chinese tech group Hikvision

Bloomberg: U.S. Considers Unprecedented Sanctions on China Tech Giant Hikvision

Reuters: U.S. considers imposing sanctions on China's Hikvision -FT

May 6, 2022

A capital idea

We’re on the job, dear leader! That was the key message from the securities regulator (CSRC) when, on Thursday, it published a list of measures to improve capital markets and support the economy. ICYMI: Xi Jinping underscored the importance of healthy capital markets to economic development and stab…

We're on the job, dear leader!
That was the key message from the securities regulator (CSRC) when, on Thursday, it published a list of measures to improve capital markets and support the economy.
ICYMI: Xi Jinping underscored the importance of healthy capital markets to economic development and stab...

sources

CSRC: 证监会认真贯彻中央政治局会议精神研究资本市场落实的政策措施

May 6, 2022

Not so lucky 88

The clock is ticking. On Wednesday, the US Securities and Exchange Commission (SEC) flagged 88 fresh Chinese companies for potential delisting under the Holding Foreign Companies Accountable Act (HFCAA). ICYDK: Passed by the US Congress in 2020, the HFCAA requires mandatory delisting from American e…

The clock is ticking.
On Wednesday, the US Securities and Exchange Commission (SEC) flagged 88 fresh Chinese companies for potential delisting under the Holding Foreign Companies Accountable Act (HFCAA).
ICYDK: Passed by the US Congress in 2020, the HFCAA requires mandatory delisting from American e...

sources

SEC: Provisional list of issuers identified under the HFCAA*

JD.com: JD.com Updates the Status under Holding Foreign Companies Accountable Act

May 6, 2022

The meek shall inherit subsidies

It’s a bad time to be a small firm in China – but the State Council is here to help. On Thursday, the State Council rolled out new measures to bolster urban employment by supporting small firms. ICYDK: Over the last few months, China’s authorities have given small firms VAT cuts, postponed their soc…

It’s a bad time to be a small firm in China – but the State Council is here to help.
On Thursday, the State Council rolled out new measures to bolster urban employment by supporting small firms.
ICYDK: Over the last few months, China’s authorities have given small firms VAT cuts, postponed their soc...

sources

State Council: 李克强主持召开国务院常务会议部署进一步为中小微企业和个体工商户纾困举措等

May 6, 2022

The very last mile

Mr. Village Mayor, tear down that roadblock! That was the message from the Ministry of Transport (MoT) this week, as the regulator pushed provincial and county governments to ensure “smooth micro-circulation” by unblocking rural roads. ICYMI: Following recent COVID outbreaks, localities nationwide …

Mr. Village Mayor, tear down that roadblock!
That was the message from the Ministry of Transport (MoT) this week, as the regulator pushed provincial and county governments to ensure "smooth micro-circulation" by unblocking rural roads.
ICYMI: Following recent COVID outbreaks, localities nationwide ...

sources

MoT: 交通运输部印发通知指导各地畅通“微循环”农村公路精准实施交通管控和通行管理

Yicai: 交通运输部：坚决纠正擅自阻断、挖断农村公路等行为

May 6, 2022

Thank you for your service

Follow one Chinese official’s journey: From finance cadre, to the frontlines of Taiwan policy, and now to the frontline of Beijing’s efforts to keep old soldiers happy. As we’re sure all readers have guessed by now, we are of course talking about Pei Jinjia! The only question: Why talk about Pei …

Follow one Chinese official's journey:

From finance cadre, to the frontlines of Taiwan policy, and now to the frontline of Beijing's efforts to keep old soldiers happy.

As we're sure all readers have guessed by now, we are of course talking about Pei Jinjia!

The only question: Why talk about Pei ...

sources

Gov.cn: 退役军人事务部党组书记调整

May 6, 2022

Got trade? We got your back

Beijing is promising more support for foreign trade as lockdowns nationwide continue to bite. In fact, China’s global trade woes were front and center at Thursday’s State Council meeting, chaired by Premier Li Keqiang. Some context: A series of COVID lockdowns have played havoc with trade, forcing…

Beijing is promising more support for foreign trade as lockdowns nationwide continue to bite.

In fact, China's global trade woes were front and center at Thursday’s State Council meeting, chaired by Premier Li Keqiang.

Some context: A series of COVID lockdowns have played havoc with trade, forcing...

sources

Gov.cn: 李克强主持召开国务院常务会议部署进一步为中小微企业和个体工商户纾困举措等

Gov.cn: 中共中央政治局召开会议习近平主持会议

May 6, 2022

Xi demands zero tolerance for COVID and critics

Still wondering whether China will shift away from its zero-COVID stance this year? Wonder no more. On Thursday, Xi Jinping chaired a meeting of the seven-member Politburo Standing Committee (PBSC) to double down on the strategy. Xi took on the doubters and haters, tying the the zero-COVID strategy …

Still wondering whether China will shift away from its zero-COVID stance this year?
Wonder no more.
On Thursday, Xi Jinping chaired a meeting of the seven-member Politburo Standing Committee (PBSC) to double down on the strategy.
Xi took on the doubters and haters, tying the the zero-COVID strategy ...

sources

Xinhua: 中共中央政治局常务委员会召开会议分析当前新冠肺炎疫情防控形势研究部署抓紧抓实疫情防控重点工作中共中央总书记习近平主持会议

May 6, 2022

One step forward, three steps back

Today, Bloomberg reported that China’s government agencies and state-owned enterprises have been ordered to replace all foreign-made PCs within the next two years. According to Bloomberg: “Staff were asked after the week-long May break to turn in foreign PCs for local alternatives that run on oper…

Today, Bloomberg reported that China’s government agencies and state-owned enterprises have been ordered to replace all foreign-made PCs within the next two years.
According to Bloomberg:

“Staff were asked after the week-long May break to turn in foreign PCs for local alternatives that run on oper...

sources

Bloomberg: China Orders Government, State Firms to Dump Foreign PCs

May 6, 2022

SpaceX Invaders?

Yesterday, the official newspaper of the People’s Liberation Army published an intense op-ed warning readers to be wary of the military applications of Elon Musk’s Starlink. How intense? Well, the piece starts out like this… “During the Russia-Ukraine conflict, SpaceX has delivered a large nu…

Yesterday, the official newspaper of the People’s Liberation Army published an intense op-ed warning readers to be wary of the military applications of Elon Musk’s Starlink.
How intense? Well, the piece starts out like this…

“During the Russia-Ukraine conflict, SpaceX has delivered a large nu...

sources

The Paper: 警惕“星链”的野蛮扩张和军事化应用

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