string(13) "markets-macro"

Macro

April 25, 2022

Banks get ready for a rate cut

China’s big banks are preparing to reduce their funding costs. On Sunday, Reuters reported that two major Chinese banks plan to cut some deposit rates. Citing unnamed sources, the report said that Bank of China will cut rates on 2-3 year time deposits by 10 basis points, and that Bank of Communicat… Username Password Remember… Read More »

China’s big banks are preparing to reduce their funding costs.
On Sunday, Reuters reported that two major Chinese banks plan to cut some deposit rates.

Citing unnamed sources, the report said that Bank of China will cut rates on 2-3 year time deposits by 10 basis points, and that Bank of Communicat...

sources

Reuters: Some Chinese state banks will cut deposit rates on Monday

April 25, 2022

What China’s central bank chief wants

China’s central bank governor, Yi Gang, wants you to know that price stability is his number one priority. On Friday, Yi gave the key note address at a session an inflation and interest rates at the Boao Forum for Asia (BFA). ICYDK: The BFA is China’s version of the Davos World Economic Forum, but f…

China's central bank governor, Yi Gang, wants you to know that price stability is his number one priority.
On Friday, Yi gave the key note address at a session an inflation and interest rates at the Boao Forum for Asia (BFA).
ICYDK: The BFA is China's version of the Davos World Economic Forum, but f...

sources

Caixin: 易纲：今年粮食生产和能源供应对物价稳定非常重要

April 25, 2022

A friend in need?

Don’t expect China to save the Sri Lankan economy. On Friday, Premier Li Keqiang held a phone call with Sri Lankan Prime Minister Mahinda Rajapaksa. Some context: Sri Lanka has been rocked by weeks of political upheaval stemming from rising commodity prices and anger over alleged corruption by the r…

Don’t expect China to save the Sri Lankan economy.
On Friday, Premier Li Keqiang held a phone call with Sri Lankan Prime Minister Mahinda Rajapaksa.
Some context: Sri Lanka has been rocked by weeks of political upheaval stemming from rising commodity prices and anger over alleged corruption by the r...

sources

Xinhua: 李克强同斯里兰卡总理马欣达通电话

MoFA: Li Keqiang Speaks with Sri Lankan Prime Minister Mahinda Rajapaksa on the Phone

Reuters: World Bank readies Sri Lanka aid package, IMF calls loan talks 'fruitful'

April 25, 2022

Wang Yi explains Xi’s Global Security Initiative

On Sunday, Foreign Minister Wang Yi published an editorial in the People’s Daily elaborating (kind of) on China’s proposed Global Security Initiative (GSI). ICYMI: On Thursday, Xi Jinping delivered a speech at the Boao Forum outlining his vision for a new global security architecture based on non-in…

On Sunday, Foreign Minister Wang Yi published an editorial in the People’s Daily elaborating (kind of) on China’s proposed Global Security Initiative (GSI).
ICYMI: On Thursday, Xi Jinping delivered a speech at the Boao Forum outlining his vision for a new global security architecture based on non-in...

sources

MoFA: 落实全球安全倡议，守护世界和平安宁

Global Times: Chinese FM elaborates on China-proposed Global Security Initiative, stresses nation will always be the backbone of guarding world peace

April 25, 2022

New Party boss for Sichuan

What’s that sound? The deck chairs are shuffling again as Beijing gears up for the national Party congress this fall. On Friday, Xinhua reported that the Central Committee recently appointed new Party Secretaries for the provinces of Hebei and Sichuan. Wang Xiaohui, 59, took over as Sichuan Party ch…

What's that sound? The deck chairs are shuffling again as Beijing gears up for the national Party congress this fall.
On Friday, Xinhua reported that the Central Committee recently appointed new Party Secretaries for the provinces of Hebei and Sichuan.
Wang Xiaohui, 59, took over as Sichuan Party ch...

sources

Xinhua: 倪岳峰任河北省委书记王晓晖任四川省委书记

April 25, 2022

Transparency for stability’s sake

Can you spot the key policy trend out of Beijing these days? Almost every policy move is laser focused on economic stability. That includes the State Council’s priorities for government transparency in 2022, released on Friday by the body’s general office. Compared with previous years, stabilizin…

Can you spot the key policy trend out of Beijing these days?

Almost every policy move is laser focused on economic stability.

That includes the State Council's priorities for government transparency in 2022, released on Friday by the body's general office.
Compared with previous years, stabilizin...

sources

Gov.cn: 国务院办公厅关于印发 2022年政务公开工作要点的通知

April 25, 2022

Running the numbers on online abuse

On Saturday, the CAC’s Illegal and Bad Information Reporting Center reminded internet platforms to ensure they deal with user-reported content in a timely manner. That’s easier said than done. According to the CAC’s release, in March alone, major internet platforms collectively dealt with aroun…

On Saturday, the CAC’s Illegal and Bad Information Reporting Center reminded internet platforms to ensure they deal with user-reported content in a timely manner.
That’s easier said than done. According to the CAC's release, in March alone, major internet platforms collectively dealt with aroun...

sources

CAC: 中央网信办举报中心发布主要商业网站平台2022年3月份网络侵权举报受理处置情况

April 25, 2022

Preventing an extinction event

Yesterday, Science and Technology Daily reported that China plans to build a near-Earth asteroid defense system. How it will work: Wu Yanhua, deputy director of the National Space Administration, said the agency plans to build a monitoring system to identify potentially dangerou…

Yesterday, Science and Technology Daily reported that China plans to build a near-Earth asteroid defense system.
How it will work: Wu Yanhua, deputy director of the National Space Administration, said the agency plans to build a monitoring system to identify potentially dangerou...

sources

ST Daily: 我国将组建近地小行星防御系统

April 25, 2022

Tracking vendor proliferation

SAMR plans to tighten supervision over exclusivity agreements on e-commerce platforms. How we know: On April 15, the Competition Policy and Big Data Center of China’s market regulator (SAMR) called for tenders on a new project to add more features to the agency’s e-commerce regulation tool.&nbs…

SAMR plans to tighten supervision over exclusivity agreements on e-commerce platforms.
How we know: On April 15, the Competition Policy and Big Data Center of China’s market regulator (SAMR) called for tenders on a new project to add more features to the agency’s e-commerce regulation tool.&nbs...

sources

Antitrust Review: 国家市场监管总局竞争政策与大数据中心公布2022年预算，将构建“二选一”模型

April 25, 2022

Good enough for government work

On Friday, the CAC released a list of government service cloud platforms that have passed a cloud services safety assessment. What caught our eye: Government service clouds by Alibaba, Huawei, Baidu, and JD were all on the list. Recap: Since last year, there’s been quite a bit of discussion in the…

On Friday, the CAC released a list of government service cloud platforms that have passed a cloud services safety assessment.
What caught our eye: Government service clouds by Alibaba, Huawei, Baidu, and JD were all on the list.
Recap: Since last year, there’s been quite a bit of discussion in the...

sources

CAC: 通过云计算服务安全评估的云平台

CAC: 国家互联网信息办公室国家发展和改革委员会工业和信息化部财政部关于发布《云计算服务安全评估办法》的公告

April 22, 2022

Don’t say I didn’t warn you

On Thursday, Bloomberg reported that top leaders weren’t happy with the cybersecurity watchdog’s (CAC) proposal to punish Didi. The problem: The penalty wasn’t severe enough. Ouch. Some context: Didi has been in the grips of a CAC cybersecurity probe since the company went ahead with i…

On Thursday, Bloomberg reported that top leaders weren't happy with the cybersecurity watchdog’s (CAC) proposal to punish Didi.
The problem: The penalty wasn't severe enough.

Ouch.

Some context: Didi has been in the grips of a CAC cybersecurity probe since the company went ahead with i...

sources

Bloomberg: Didi’s Fate in Limbo As Officials Object to Proposed Penalty

April 22, 2022

Food security? Sorted.

We’ve got things under control. That was the message from the Ministry of Agriculture and Rural Affairs (MARA) at a briefing on Q1 agricultural data on Wednesday. These events are usually a snooze-fest – but given top leaders’ concern over food security, we dug into the details. Officials acknowledg…

We've got things under control.
That was the message from the Ministry of Agriculture and Rural Affairs (MARA) at a briefing on Q1 agricultural data on Wednesday.
These events are usually a snooze-fest – but given top leaders' concern over food security, we dug into the details.
Officials acknowledg...

sources

SCIO: 国新办举行一季度农业农村经济运行情况新闻发布会图文实录

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162