string(13) "markets-macro"

Macro

March 22, 2022

Party history learning campaign here to stay

Get stoked Party cadres. The Central Committee General Office has announced that it will institutionalize the Party history study campaign, according to a circular reported by Xinhua on Monday. For any forgetful students: In February 2021, the Party kicked off a campaign to study the Party’s h… Username Password Remember Me Forgot Password

Get stoked Party cadres.
The Central Committee General Office has announced that it will institutionalize the Party history study campaign, according to a circular reported by Xinhua on Monday.
For any forgetful students: In February 2021, the Party kicked off a campaign to study the Party’s h...

sources

The Paper: 中办印发《关于推动党史学习教育常态化长效化的意见》

Source:

March 21, 2022

Numbers shouldn’t lie

Don’t fudge the numbers. That was the message from the Party’s anti-corruption watchdog (CCDI) on Friday – in a notice that threatened local officials if they continue to send fake stats to the central government. Some context: For decades, local governments have been notorious for reporting fake da…

Don't fudge the numbers.
That was the message from the Party's anti-corruption watchdog (CCDI) on Friday – in a notice that threatened local officials if they continue to send fake stats to the central government.
Some context: For decades, local governments have been notorious for reporting fake da...

sources

Gov.cn: 驻国家发改委纪检监察组开展嵌入式监督压实责任惩治统计造假

March 21, 2022

Waive goodbye to fees

Another day, another stock support measure. On Friday, China’s stock exchanges rolled out measures to ease pressure on firms struggling with the pandemic. The deets (Xinhua): The Shenzhen stock exchange waived initial listing fees, annual listing fees, and the fees it charges to facilitate online v…

Another day, another stock support measure.
On Friday, China’s stock exchanges rolled out measures to ease pressure on firms struggling with the pandemic.
The deets (Xinhua):

The Shenzhen stock exchange waived initial listing fees, annual listing fees, and the fees it charges to facilitate online v...

sources

Xinhua: 沪深交易所和北交所减免上市公司2022年相关费用

March 21, 2022

Fert things first

On Friday, the National Development and Reform Commission (NDRC) published a notice outlining its plans to ensure food security this year. ICYMI: Food security matters rank high among Beijing’s priorities this year, as part of broader efforts to deliver macroeconomic stability in the run-up to the 2…

On Friday, the National Development and Reform Commission (NDRC) published a notice outlining its plans to ensure food security this year.
ICYMI: Food security matters rank high among Beijing's priorities this year, as part of broader efforts to deliver macroeconomic stability in the run-up to the 2...

sources

NDRC: 关于进一步做好粮食和大豆等重要农产品生产相关工作的通知

March 21, 2022

China speaks up to shift Ukraine narrative

On the heels of Friday’s call between Xi Jinping and US President Joe Biden, two of China’s top diplomats publicly defended China’s stance on the Ukraine crisis. The backstory: China’s leadership isn’t happy with US insinuations that Beijing is supporting Russian war efforts. On Saturday, Vice …

On the heels of Friday’s call between Xi Jinping and US President Joe Biden, two of China’s top diplomats publicly defended China’s stance on the Ukraine crisis.
The backstory: China’s leadership isn't happy with US insinuations that Beijing is supporting Russian war efforts.
On Saturday, Vice ...

sources

Tsinghua CISS WeChat: 外交部副部长乐玉成出席第四届战略与安全国际论坛并发表演讲

CBS News: Transcript: Chinese Ambassador to the U.S. Qin Gang on "Face the Nation," March 20, 2022

March 21, 2022

Every time you do that thing you do

On Friday, Xi Jinping held a two-hour video call with his old frenemy, US President Joe Biden. Some context: The US side requested the meeting, with the goal of reminding Xi and co. that providing material support to Russia in its ongoing invasion of Ukraine would bring significant consequences for …

On Friday, Xi Jinping held a two-hour video call with his old frenemy, US President Joe Biden.
Some context: The US side requested the meeting, with the goal of reminding Xi and co. that providing material support to Russia in its ongoing invasion of Ukraine would bring significant consequences for ...

sources

MoFA: President Xi Jinping Has a Video Call with US President Joe Biden

White House: Readout of President Joseph R. Biden Jr. Call with President Xi Jinping of the People’s Republic of China

White House: Background Press Call by a Senior Administration Official on President Biden’s Call with President Xi Jinping of China

March 21, 2022

And another thing!

On Friday, Xi Jinping and US President Joe Biden discussed the ongoing Russian invasion of Ukraine. Biden warned Xi that the US has an itchy sanction finger (White House 1): “[Biden] described the implications and consequences if China provides material support to Russia as it conducts brutal attac…

On Friday, Xi Jinping and US President Joe Biden discussed the ongoing Russian invasion of Ukraine.
Biden warned Xi that the US has an itchy sanction finger (White House 1):

“[Biden] described the implications and consequences if China provides material support to Russia as it conducts brutal attac...

sources

MoFA: President Xi Jinping Has a Video Call with US President Joe Biden

White House: Readout of President Joseph R. Biden Jr. Call with President Xi Jinping of the People’s Republic of China

White House: Background Press Call by a Senior Administration Official on President Biden’s Call with President Xi Jinping of China

March 21, 2022

The CAC’s new zine

Stop the presses. The CAC just launched a new magazine. On Friday, the CAC released the first issue of its new agency publication, China Net Communications (中国网信). The mag is a re-vamp and re-launch of the CAC’s old publication, Internet Broadcast (网络传播). And it’s not just any magazine…

Stop the presses. The CAC just launched a new magazine.
On Friday, the CAC released the first issue of its new agency publication, China Net Communications (中国网信).

The mag is a re-vamp and re-launch of the CAC’s old publication, Internet Broadcast (网络传播).

And it's not just any magazine...

sources

CAC: 庄荣文致《中国网信》发刊词

March 21, 2022

Next-gen regulatory tools

On Friday, the market regulator (SAMR) released the Five-Year Plan (FYP) for the Development of Market Regulation Technology. The plan aims to boost the agency’s efficiency and precision with next-generation regulatory tools, better testing and certification labs, and highly trained talent.&n…

On Friday, the market regulator (SAMR) released the Five-Year Plan (FYP) for the Development of Market Regulation Technology.

The plan aims to boost the agency’s efficiency and precision with next-generation regulatory tools, better testing and certification labs, and highly trained talent.&n...

sources

SAMR: 市场监管总局关于印发《“十四五”市场监管科技发展规划》的通知

March 21, 2022

Algorthim regulation a go-go

At a press conference on Thursday, the CAC talked about its plans for algorithm regulation in 2022. The big news: The agency plans to launch a special regulatory campaign on platform algorithms. The campaign will last until the end of the year. Recap: In August, the C…

At a press conference on Thursday, the CAC talked about its plans for algorithm regulation in 2022.
The big news: The agency plans to launch a special regulatory campaign on platform algorithms.

The campaign will last until the end of the year.

Recap: In August, the C...

sources

The Paper: 国家网信办：督促平台整改算法歧视、大数据杀熟等问题

March 21, 2022

Ethical considerations

On Sunday, the CCP Central Committee and State Council issued Opinions on Strengthening the Ethical Governance of Science and Technology. In brief: The policy calls to ramp up legislation, supervision, standards, research, and enforcement of sci-tech ethics. It also sets some top-line ethical…

On Sunday, the CCP Central Committee and State Council issued Opinions on Strengthening the Ethical Governance of Science and Technology.
In brief: The policy calls to ramp up legislation, supervision, standards, research, and enforcement of sci-tech ethics.

It also sets some top-line ethical...

sources

Gov.cn: 中共中央办公厅国务院办公厅印发《关于加强科技伦理治理的意见》

March 21, 2022

WeChat Pay spins off?

On Friday, Bloomberg reported that financial authorities may require Tencent to include WeChat Pay in its new financial holding company. Recap: In April 2020, regulators ordered both Tencent and Alibaba to set up separate financial holding companies to control their financial services and payment pl…

On Friday, Bloomberg reported that financial authorities may require Tencent to include WeChat Pay in its new financial holding company.
Recap: In April 2020, regulators ordered both Tencent and Alibaba to set up separate financial holding companies to control their financial services and payment pl...

sources

Bloomberg: China Weighs Tencent Payments Overhaul, New License Requirement

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