string(13) "markets-macro"

Macro

March 28, 2022

Net negative for media investment

China’s private media landscape is in for a shake-up, especially where the tech sector is concerned. How do we know? Well on Friday, the macro planner (NDRC) and commerce ministry (MofCom) released the 2022 Negative List for Market Access. What caught our eye: Tighter control over investment in the… Username Password Remember Me … Read More »

China's private media landscape is in for a shake-up, especially where the tech sector is concerned.
How do we know?
Well on Friday, the macro planner (NDRC) and commerce ministry (MofCom) released the 2022 Negative List for Market Access.

What caught our eye: Tighter control over investment in the...

sources

NDRC: 国家发展改革委商务部关于印发《市场准入负面清单（2022年版）》的通知

March 28, 2022

Will they, won’t they?

The “will they, won’t they?” saga between Chinese (CSRC) and US (SEC) securities regulators continues. The latest: Over the weekend, the China Securities Journal once again reported that negotiations between the SEC and CSRC over access to audit working papers are making progress. The paper quoted…

The "will they, won't they?" saga between Chinese (CSRC) and US (SEC) securities regulators continues.
The latest: Over the weekend, the China Securities Journal once again reported that negotiations between the SEC and CSRC over access to audit working papers are making progress.
The paper quoted...

sources

China Securities Journal: 中美审计监管合作：相向而行

March 28, 2022

Shanghai locks down

Shanghai authorities are backed into a coronavirus corner. Late Sunday night (China time), the Shanghai municipal COVID-19 response group announced an eight-day lockdown of the city, coming in two phases. The details: Shanghai will be divided into two regions along the Huangpu River, with the east …

Shanghai authorities are backed into a coronavirus corner.
Late Sunday night (China time), the Shanghai municipal COVID-19 response group announced an eight-day lockdown of the city, coming in two phases.
The details:

Shanghai will be divided into two regions along the Huangpu River, with the east ...

sources

Shanghai NHC: 关于做好全市新一轮核酸筛查工作的通告

Shanghai NHC: 【最新】3月27日（0-24时）本市各区确诊病例、无症状感染者居住地信息

March 28, 2022

Beijing calling

On Friday, Xi Jinping held a call with British Prime Minister Boris Johnson. Knowledge bomb: This is the third phone chat for the pair, who’ve never met as leaders. The occasion? The 50th anniversary of the establishment of UK-China relations at the ambassadorial level. Xi hailed the health of bil…

On Friday, Xi Jinping held a call with British Prime Minister Boris Johnson.

Knowledge bomb: This is the third phone chat for the pair, who've never met as leaders.

The occasion? The 50th anniversary of the establishment of UK-China relations at the ambassadorial level.
Xi hailed the health of bil...

sources

MoFA: President Xi Jinping Speaks with UK Prime Minister Boris Johnson on the Phone

Xinhua: Xi talks with British PM over phone

Gov.uk: PM statement at NATO press conference: 24 March 2022

March 28, 2022

The NDRC’s year to shine

On Friday, the State Council assigned government agencies their to-do lists for the coming year. The agency released a circular, divvying up responsibility for completing 52 tasks from the 2022 Government Work Report (GWR). Some context: Every year, the State Council assigns specific tasks outline…

On Friday, the State Council assigned government agencies their to-do lists for the coming year.

The agency released a circular, divvying up responsibility for completing 52 tasks from the 2022 Government Work Report (GWR).

Some context: Every year, the State Council assigns specific tasks outline...

sources

Gov.cn: 国务院关于落实《政府工作报告》重点工作分工的意见

March 28, 2022

Funding farming

Beijing will spare no effort nor expense to ensure food security this year. That was the message from the Ministry of Finance (MoF) and the ag affairs ministry (MARA) on Friday, in a policy document outlining official support for grain production in 2022. ICYMI: On Thursday, Premier Li Keqiang paid …

Beijing will spare no effort nor expense to ensure food security this year.
That was the message from the Ministry of Finance (MoF) and the ag affairs ministry (MARA) on Friday, in a policy document outlining official support for grain production in 2022.
ICYMI: On Thursday, Premier Li Keqiang paid ...

sources

MARA: 农业农村部财政部明确 2022年粮食生产重点工作及一揽子支持政策

21st Century Biz: 2022年粮食生产支持政策出炉：多种补贴保障粮食再丰收，推进粮油产业一体化发展

March 28, 2022

Bands of virtual brothers

On Friday, Guangzhou tech companies banded together to form a new metaverse industry alliance. The group is co-sponsored by five local heavy-hitters, including: AI video cloud provider Netease Zhiqi Spatial Intelligence and 3D operating system company Chenjing Technology Gaming company Sanqi …

On Friday, Guangzhou tech companies banded together to form a new metaverse industry alliance.
The group is co-sponsored by five local heavy-hitters, including:

AI video cloud provider Netease Zhiqi
Spatial Intelligence and 3D operating system company Chenjing Technology
Gaming company Sanqi ...

sources

Nanfang Metropolis Daily: 广州元宇宙赛道首枪！20余家元宇宙企业在南沙成立创新联盟

March 28, 2022

A loophole closer

On Friday, the Federal Communications Commission (FCC) added China Mobile and China Telecom Americas equipment to the list of devices that pose a national security threat to the United States. What it means: The FCC’s Universal Service Fund — a USD 8 billion telecom subsidy to promote universa…

On Friday, the Federal Communications Commission (FCC) added China Mobile and China Telecom Americas equipment to the list of devices that pose a national security threat to the United States.
What it means: The FCC’s Universal Service Fund — a USD 8 billion telecom subsidy to promote universa...

sources

FCC: FCC Expands List of Equipment and Services That Pose Security Threat

March 28, 2022

An albatross or a gift

On Friday, Russian media reported that cell phone manufacturer BQ will switch to using Huawei’s Harmony operating system due to US sanctions. What happened: Google notified the company that it will no longer certify the Android operating system on Russian smartphones. According to BQ CEO…

On Friday, Russian media reported that cell phone manufacturer BQ will switch to using Huawei’s Harmony operating system due to US sanctions.
What happened: Google notified the company that it will no longer certify the Android operating system on Russian smartphones.
According to BQ CEO...

sources

Gazeta.ru: Российские смартфоны BQ переведут на китайскую ОС после запрета использовать Android

March 28, 2022

Twenty-twenty-two tech to-dos

On Friday, the State Council published the government work plan for 2022. Recap: Earlier this month, the State Council released the annual Government Work Report, which defines the government’s priorities and targets for the year. This document turns those targets into slightly more specific…

On Friday, the State Council published the government work plan for 2022.
Recap: Earlier this month, the State Council released the annual Government Work Report, which defines the government’s priorities and targets for the year.

This document turns those targets into slightly more specific...

sources

Gov.cn: 国务院关于落实《政府工作报告》重点工作分工的意见

March 28, 2022

Yes, flying cars.

On Friday, the Ministry of Transport (MoT) teamed up with the Ministry of Science and Technology (MoST) to release a 15-year sci-tech innovation plan for the transport sector. The plan outlines where China intends to focus its R&D efforts for the transport sector over the next decade and …

On Friday, the Ministry of Transport (MoT) teamed up with the Ministry of Science and Technology (MoST) to release a 15-year sci-tech innovation plan for the transport sector.

The plan outlines where China intends to focus its R&D efforts for the transport sector over the next decade and ...

sources

MoT: 交通运输部科学技术部关于印发《交通领域科技创新中长期发展规划纲要（2021—2035年）》的通知

March 28, 2022

Meituan’s impending insurance overhaul

On Friday, Meituan execs held a call to discuss the company’s Q4 and year-end financial earnings report. What caught our eye: Meituan CEO Wang Xing said that Meituan may be taking on more of the financial load in terms of supporting delivery drivers to get occupational injury insurance. …

On Friday, Meituan execs held a call to discuss the company’s Q4 and year-end financial earnings report.
What caught our eye: Meituan CEO Wang Xing said that Meituan may be taking on more of the financial load in terms of supporting delivery drivers to get occupational injury insurance.
...

sources

Sina: 美团高管解读Q4财报：配送服务每单亏1元佣金收入抵消这部分亏损

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