string(13) "markets-macro"

Macro

March 14, 2022

Credit where credit’s due

Regulators are increasing scrutiny of how banks disburse loans to developers, as part of efforts to ease developers’ credit conditions. On Friday, Cailianshe scooped that regulators have asked developers to submit information on bank loans that have been approved but haven’t yet been disbursed by ba… Username Password Remember Me Forgot Password

Regulators are increasing scrutiny of how banks disburse loans to developers, as part of efforts to ease developers' credit conditions.
On Friday, Cailianshe scooped that regulators have asked developers to submit information on bank loans that have been approved but haven’t yet been disbursed by ba...

sources

Cailianshe: 独家|监管摸底已批未放款开发贷原因有开发商正填报表格

March 14, 2022

So long, farewell, auf wiedersehen, goodbye

On Friday, Premier Li Keqiang, for the final time, hosted the press conference that concludes the National People’s Congress (NPC). ICYDK: After 10 years in the role, someone will take over from Li as Premier at the 20th Party Congress later this year. FWIW: Our money is on current CPPCC Chairman W…

On Friday, Premier Li Keqiang, for the final time, hosted the press conference that concludes the National People’s Congress (NPC).

ICYDK: After 10 years in the role, someone will take over from Li as Premier at the 20th Party Congress later this year.
FWIW: Our money is on current CPPCC Chairman W...

sources

China.com: 国务院总理李克强会见中外记者

March 14, 2022

Shanghai confronts worst ever COVID-19 outbreak

What did that drone say? In recent days, officials in Shanghai residential districts have flown drones broadcasting the need for citizens to get free nucleic acid tests (China Daily). That’s certainly hi-tech, but what’s the rush? Shanghai is starting to lose its proud record of keeping COVID-19 und…

What did that drone say?
In recent days, officials in Shanghai residential districts have flown drones broadcasting the need for citizens to get free nucleic acid tests (China Daily).
That's certainly hi-tech, but what's the rush? Shanghai is starting to lose its proud record of keeping COVID-19 und...

sources

The Paper: 上海徐汇：所有文旅公共服务场馆、歌舞娱乐场所等暂停开放

The Paper: 上海12日起中小学调整为线上教学，幼儿园、托儿所停止入园

The Paper: 最新！上海进一步强化疫情防控措施

The Paper: 上海交运巴士所属各客运站明起暂停营业

China Daily: Drones help inform residents of COVID-19 matters

March 14, 2022

AMCs join the property sector rescue

On Sunday, Yicai reported that regulators have approved Great Wall Asset Management to issue RMB 10 billion worth of bonds that will be used to acquire high-quality projects from some key, struggling property developers. Some context: Great Wall is one of five national asset management companies (AM…

On Sunday, Yicai reported that regulators have approved Great Wall Asset Management to issue RMB 10 billion worth of bonds that will be used to acquire high-quality projects from some key, struggling property developers.
Some context: Great Wall is one of five national asset management companies (AM...

sources

Yicai: 又一家AMC获批地产纾困金融债！房企风险化解已获千亿支持

March 14, 2022

All talk

On Friday, Reuters scooped that Chinese and US securities regulators have been working through a key issue in this whole financial decoupling mess – US audit requirements for US-listed Chinese firms. Some context: On Thursday, the US Securities and Exchange Commission (SEC) named the first five Chin…

On Friday, Reuters scooped that Chinese and US securities regulators have been working through a key issue in this whole financial decoupling mess – US audit requirements for US-listed Chinese firms.
Some context: On Thursday, the US Securities and Exchange Commission (SEC) named the first five Chin...

sources

Reuters: UPDATE 1-China, U.S. expected to reach consensus soon in audit talks -sources

Gov.cn: 证监会新闻发言人答记者问

March 14, 2022

China adjusts testing strategy to combat Omicron surge

Omicron outbreaks are exploding in China, pushing new domestically transmitted COVID-19 cases above 1,000 for four consecutive days. The numbers (NHC): From Thursday to Sunday, China reported: 1,100 new cases 1,524 new cases 3,122 new cases 2,125 new cases But it’s a big country, right? Yes, those…

Omicron outbreaks are exploding in China, pushing new domestically transmitted COVID-19 cases above 1,000 for four consecutive days.
The numbers (NHC): From Thursday to Sunday, China reported:

1,100 new cases
1,524 new cases
3,122 new cases
2,125 new cases

But it's a big country, right? Yes, those...

sources

NHC: 截至3月13日24时新型冠状病毒肺炎疫情最新情况

Gov.cn: 孙春兰：从严从紧落实疫情防控各项措施坚决守住不出现疫情规模性反弹底线

NHC: 关于印发新冠病毒抗原检测应用方案（试行）的通知

March 14, 2022

Xi drinking buddy takes pole position in race for vice premier

China’s “election season” is heating up. ICYDK: At the 20th Party Congress later this year, a new Party leadership will be chosen. One of the more important personnel moves to watch will be who replaces Liu He as vice premier in charge of finance and economic affairs. National Development and Reform…

China’s “election season” is heating up.
ICYDK: At the 20th Party Congress later this year, a new Party leadership will be chosen.
One of the more important personnel moves to watch will be who replaces Liu He as vice premier in charge of finance and economic affairs.
National Development and Reform...

sources

WSJ: China’s Xi Weighs Tapping Loyalist as Next Economic Czar

March 14, 2022

Xi bids farewell to awkward Paralympics

On Sunday, Xi Jinping – along with dozens of top officials – attended the closing ceremony of the 2022 Winter Paralympics in Beijing. In shocking news, China’s official media has focused on the positive (Xinhua 2): “Beijing 2008 changed the way the Summer Paralympics was delivered forever, and this…

On Sunday, Xi Jinping – along with dozens of top officials – attended the closing ceremony of the 2022 Winter Paralympics in Beijing.
In shocking news, China's official media has focused on the positive (Xinhua 2):

“Beijing 2008 changed the way the Summer Paralympics was delivered forever, and this...

sources

Xinhua: 北京2022年冬残奥会圆满闭幕习近平李克强栗战书汪洋王沪宁赵乐际王岐山国际残奥委会主席帕森斯出席闭幕式

Xinhua: Beijing 2022 sets new standard for delivery of Games, says IPC president Parsons

Bloomberg: Paralympic Body Asks China Why it Censored Anti-War Speech

March 14, 2022

The era of bad feelings

On Friday, Xi Jinping sent a congratulatory letter to newly minted South Korean president-elect Yoon Suk-yeol. Some context: A right-wing opposition candidate, Yoon narrowly defeated opponent Lee Jae-myung on March 9. He campaigned on a “tough on China” platform, and pledged closer security cooperat…

On Friday, Xi Jinping sent a congratulatory letter to newly minted South Korean president-elect Yoon Suk-yeol.
Some context: A right-wing opposition candidate, Yoon narrowly defeated opponent Lee Jae-myung on March 9. He campaigned on a “tough on China” platform, and pledged closer security cooperat...

sources

MoFA: Xi Jinping Sends Message of Congratulation to Yoon Suk-yeol on Election as ROK President

White House: Readout of Joseph R. Biden, Jr.’s Call with President-Elect Yoon Suk-yeol of the Republic of Korea

March 14, 2022

You talk, we listen, says Premier Li

Here at Trivium, we’re obsessed with how policy gets made in China. Hopefully you’ve noticed. Well, last Friday, at his tenth and final annual press conference as Premier, Li Keqiang offered a little insight. And proved those hundreds of inspection tours were useful after all! Li explained why fis…

Here at Trivium, we're obsessed with how policy gets made in China.
Hopefully you've noticed.
Well, last Friday, at his tenth and final annual press conference as Premier, Li Keqiang offered a little insight.

And proved those hundreds of inspection tours were useful after all!

Li explained why fis...

sources

China.com: 国务院总理李克强会见中外记者

March 14, 2022

TikTok x Oracle?

On Friday, Reuters reported that TikTok may soon sign a deal with Oracle to store US user data beyond the reach of Chinese parent company ByteDance. Recap: In August 2020, then-US President Donald Trump ordered ByteDance to divest TikTok in the US, citing concerns that ByteDance could be passi…

On Friday, Reuters reported that TikTok may soon sign a deal with Oracle to store US user data beyond the reach of Chinese parent company ByteDance.
Recap: In August 2020, then-US President Donald Trump ordered ByteDance to divest TikTok in the US, citing concerns that ByteDance could be passi...

sources

Reuters: EXCLUSIVE TikTok nears Oracle deal in bid to allay U.S. data concerns-sources

FT: China’s tech platforms become propaganda tools in Putin’s war

The Guardian: https://www.theguardian.com/technology/2022/mar/10/tiktok-users-in-russia-can-see-only-old-russian-made-content

March 14, 2022

So… is New IP dead?

On Friday, MIIT published a wrap-up of WSTA-20, the International Telecommunications Union (ITU) meeting in Geneva. ITU meetings are a big deal — they’re only held every four years. Background: The International Telecommunications Union (ITU) is a special agency of the United Nations that d…

On Friday, MIIT published a wrap-up of WSTA-20, the International Telecommunications Union (ITU) meeting in Geneva.

ITU meetings are a big deal — they’re only held every four years.

Background: The International Telecommunications Union (ITU) is a special agency of the United Nations that d...

sources

MIIT: 世界电信标准化全会闭幕中国代表团取得积极成果

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