string(13) "markets-macro"

Macro

April 1, 2022

Lowkey human rights flex

Buckle up, visa applicants, here we go again. On Thursday, Foreign Ministry spokesperson Wang Wenbin announced visa restrictions on “relevant” US officials. Which ones exactly? (Xinhua): Those who “concoct lies on China-related human rights issues, push for sanctions against China, and harm China’… Username Password Remember Me Forgot Password

Buckle up, visa applicants, here we go again.
On Thursday, Foreign Ministry spokesperson Wang Wenbin announced visa restrictions on "relevant" US officials.
Which ones exactly? (Xinhua):

Those who “concoct lies on China-related human rights issues, push for sanctions against China, and harm China'...

sources

Xinhua: 中方决定对相关美国官员对等采取签证限制

SCMP: China says it will hit US officials with visa restrictions over ‘vile lies’ about Xinjiang

April 1, 2022

Like a good neighbor, stay over there

On Thursday, Foreign Minister Wang Yi picked up where Xi Jinping left off, hosting the Afghan Neighbors Foreign Minister Meeting. Wang cut to the chase, highlighting concerns about the Taliban government’s link with terror organizations (MoFA): “[W]e express our common concern about the activities …

On Thursday, Foreign Minister Wang Yi picked up where Xi Jinping left off, hosting the Afghan Neighbors Foreign Minister Meeting.
Wang cut to the chase, highlighting concerns about the Taliban government’s link with terror organizations (MoFA):

“[W]e express our common concern about the activities ...

sources

MoFA: Wang Yi Talks about Eight-pronged Consensus of the Third Foreign Ministers' Meeting on the Afghan Issue Among the Neighboring Countries of Afghanistan

April 1, 2022

The Afghan Rollercoaster

Xi Jinping is riding The Afghan Rollercoaster. “Afghanistan has had many ups and down, its businesses await prosperity, and it’s in a critical period between chaos and governance.” (Xinhua) That’s what Xi told the third Afghan Neighbors Foreign Minister Meeting in Anhui province on …

Xi Jinping is riding The Afghan Rollercoaster.

“Afghanistan has had many ups and down, its businesses await prosperity, and it’s in a critical period between chaos and governance.” (Xinhua)

That’s what Xi told the third Afghan Neighbors Foreign Minister Meeting in Anhui province on ...

sources

Xinhua: 习近平向第三次阿富汗邻国外长会发表书面致辞

SCMP: China hosts Afghanistan talks as neighbours seek to ease concerns over Taliban

April 1, 2022

Provincial Party Picks III

Provincial heads are rolling as Beijing sharpens the knives for the Party Congress this fall. This week saw new blood nationwide, when the Party-state announced: Three new provincial Party bosses for Qinghai, Ningxia, and Hubei. And at least 13 vice-ministerial appointments throughout various provi…

Provincial heads are rolling as Beijing sharpens the knives for the Party Congress this fall.
This week saw new blood nationwide, when the Party-state announced:

Three new provincial Party bosses for Qinghai, Ningxia, and Hubei.
And at least 13 vice-ministerial appointments throughout various provi...

sources

Xinhua: 湖北省委主要负责同志职务调整王蒙徽任湖北省委书记

April 1, 2022

Sanctions marco polo

Yawwwwwnnnn. At a press conference yesterday, reporters asked reps from the Ministry of Commerce (MofCom) what they thought about Chinese telecoms being added to the US Federal Communication Commission’s (FCC) untrusted supplier list. Recap: On March 25, the FCC added China Mobile and Ch…

Yawwwwwnnnn.
At a press conference yesterday, reporters asked reps from the Ministry of Commerce (MofCom) what they thought about Chinese telecoms being added to the US Federal Communication Commission’s (FCC) untrusted supplier list.
Recap: On March 25, the FCC added China Mobile and Ch...

sources

MofCom: 商务部召开例行新闻发布会（2022年3月31日）

April 1, 2022

Down in algo valley

Speaking of interesting pilot projects coming out of the south… Yesterday, Baidu announced it will partner with state-sponsored Pazhou Lab to open the Pazhou Algorithm Center in Guangzhou’s “Algorithm Valley.” Background: Algo Valley is a state-backed innovation hub located in the Pazhou Digital Eco…

Speaking of interesting pilot projects coming out of the south…
Yesterday, Baidu announced it will partner with state-sponsored Pazhou Lab to open the Pazhou Algorithm Center in Guangzhou’s “Algorithm Valley.”
Background: Algo Valley is a state-backed innovation hub located in the Pazhou Digital Eco...

sources

21st Century Biz: “琶洲算谷”建设按下加速键：百度入驻、琶洲算法中心揭牌

April 1, 2022

Under the state data governance hood

Come one, come all! Let us take you on a magical mystery tour of the new state-owned enterprise responsible for managing Guangdong’s government data infrastructure. Bear with us, this gets a little complicated, but it’s worth it. On Wednesday, local government officials held the …

Come one, come all!
Let us take you on a magical mystery tour of the new state-owned enterprise responsible for managing Guangdong’s government data infrastructure.

Bear with us, this gets a little complicated, but it’s worth it.

On Wednesday, local government officials held the ...

sources

21st Century Biz: 广东省数字政府建设运营中心挂牌，将完成数据要素市场化配置改革等任务

April 1, 2022

The wheels on the unmanned bus

Beijing will soon pilot self-driving buses for the first time. Yesterday, the Beijing High-level Autonomous Driving Demonstration Zone Working Office released new rules that clear the way for road testing of unmanned public transport vehicles. The rules outline criteria that autonomous …

Beijing will soon pilot self-driving buses for the first time.
Yesterday, the Beijing High-level Autonomous Driving Demonstration Zone Working Office released new rules that clear the way for road testing of unmanned public transport vehicles.

The rules outline criteria that autonomous ...

sources

NCSTI: 刚刚，北京首个智能网联客运巴士管理实施细则发布，自动驾驶公交将在经开区上路

April 1, 2022

Dialing it down a notch

It increasingly sounds like platform economy regulation will get less disruptive this year. Yesterday, the Department of Internet Transaction Supervision and Administration at China’s market regulator (SAMR) held a meeting to discuss plans for regulating e-commerce platforms in 2022. The key messa…

It increasingly sounds like platform economy regulation will get less disruptive this year.
Yesterday, the Department of Internet Transaction Supervision and Administration at China’s market regulator (SAMR) held a meeting to discuss plans for regulating e-commerce platforms in 2022.
The key messa...

sources

SAMR: 全国市场监管系统网络交易监管工作会议召开

April 1, 2022

Flash talk | China’s coal addiction

Join our energy analysts Andy Chen and Cory Combs for a flash talk on China’s energy decarbonization strategy – and learn why climate planners are still resisting a full-throated coal phase-out, despite the risk of undercutting their own decarbonization goals. When: Friday, April 1, 8:30am Beijing …

Join our energy analysts Andy Chen and Cory Combs for a flash talk on China's energy decarbonization strategy – and learn why climate planners are still resisting a full-throated coal phase-out, despite the risk of undercutting their own decarbonization goals.

When: Friday, April 1, 8:30am Beijing ...

March 31, 2022

Coalescence

After six months of cracking down on (yet to be found) speculation in the hunt for a scapegoat for coal price inflation, China’s macro planner (NDRC) has finally found a legitimate market failure to fix: China’s “independent” coal price index providers aren’t always that independent. On Tuesday, t…

After six months of cracking down on (yet to be found) speculation in the hunt for a scapegoat for coal price inflation, China's macro planner (NDRC) has finally found a legitimate market failure to fix:

China's “independent” coal price index providers aren't always that independent.

On Tuesday, t...

sources

The Paper: 国家发改委：煤炭价格指数市场运行不规范问题较突出

March 31, 2022

Confidence game

We’re staying the course. That was the central bank’s (PBoC) message at its Q1 monetary policy meeting on Wednesday. If we had to sum up the PBoC’s policy vision in three words, they would be: Stability Stability Stability More specifically, the central bank pledged that its actions would be: Far…

We're staying the course.
That was the central bank’s (PBoC) message at its Q1 monetary policy meeting on Wednesday.
If we had to sum up the PBoC’s policy vision in three words, they would be:

Stability
Stability
Stability

More specifically, the central bank pledged that its actions would be:

Far...

sources

Gov.cn: 中国人民银行货币政策委员会召开2022年第一季度例会

Bloomberg: China’s PBOC Vows to Boost Confidence, Support Economy

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