string(13) "markets-macro"

Macro

March 2, 2022

A tough year for exports and consumption

2022 is shaping up to be a tough year for both exports and domestic consumption. In a press conference Tuesday, Commerce Minister Wang Wentao said he is will aware of the problems: “The downward pressure on consumption is still great, and pressure to stabilize consumption this year isn’t small.” “T… Username Password Remember Me … Read More »

2022 is shaping up to be a tough year for both exports and domestic consumption.
In a press conference Tuesday, Commerce Minister Wang Wentao said he is will aware of the problems:

“The downward pressure on consumption is still great, and pressure to stabilize consumption this year isn’t small.”
“T...

sources

SCIO: 国新办举行坚持稳字当头推动商务高质量发展新闻发布会图文实录

March 2, 2022

Flash Talk | Two Sessions: What you need to know

China’s annual meetings of the National People’s Congress and the National Committee of the Chinese People’s Political Consultative Conference (known collectively as the “Two Sessions”) kick off in Beijing on March 4. In anticipation of this annual gathering of the who’s-who in China, we’ve pulled t…

China's annual meetings of the National People's Congress and the National Committee of the Chinese People’s Political Consultative Conference (known collectively as the "Two Sessions") kick off in Beijing on March 4.
In anticipation of this annual gathering of the who's-who in China, we've pulled t...

March 2, 2022

Kuaigou’s uphill battle

Yesterday, 21st Century Biz ran a lengthy piece on risks facing logistics company Kuaigou as it prepares to IPO in Hong Kong. Chief among them: data regulations and labor issues. Quick recap: Kuaigou, a DiDi-like ride-booking app for moving vans, filed for IPO in Hong Kong last year. On Febr…

Yesterday, 21st Century Biz ran a lengthy piece on risks facing logistics company Kuaigou as it prepares to IPO in Hong Kong.

Chief among them: data regulations and labor issues.

Quick recap: Kuaigou, a DiDi-like ride-booking app for moving vans, filed for IPO in Hong Kong last year.

On Febr...

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21st Century Biz: 快狗打车IPO背后：仍面临数据、法律、用工等多重合规挑战

March 2, 2022

Ferreting out discrepancies

Yesterday, the Beijing Consumers’ Association (BCA) published the results of an investigative survey into algorithmic price discrimination on online platforms. Recap: Algorithmic price discrimination is when a platform shows different users different prices for the same product, based on the algor…

Yesterday, the Beijing Consumers' Association (BCA) published the results of an investigative survey into algorithmic price discrimination on online platforms.
Recap: Algorithmic price discrimination is when a platform shows different users different prices for the same product, based on the algor...

sources

Beijing Consumers Association: 北京市消协发布互联网消费大数据“杀熟”问题调查结果

March 2, 2022

R&D from SOEs, please

On Monday, the Party held its first Central Committee for Comprehensively Deepening Reform (CCCDR) meeting of the year. Recap: The CCCDR is a high-level bi-monthly Party meeting, typically focused on a single issue. The meeting sets the tone for future policymaking. On the agenda this time:&n…

On Monday, the Party held its first Central Committee for Comprehensively Deepening Reform (CCCDR) meeting of the year.
Recap: The CCCDR is a high-level bi-monthly Party meeting, typically focused on a single issue.

The meeting sets the tone for future policymaking.

On the agenda this time:&n...

sources

Xinhua: 习近平主持召开中央全面深化改革委员会第二十四次会议强调加快建设世界一流企业加强基础学科人才培养李克强王沪宁韩正出席

March 2, 2022

CPTPP update

Yesterday, the Ministry of Commerce (MofCom) held a press conference on the business environment. What got our attention: One of the speakers, Vice Minister of Commerce and Deputy Representative of International Trade Negotiations Wang Shouwen, addressed the progress of China’s CPTPP applicati…

Yesterday, the Ministry of Commerce (MofCom) held a press conference on the business environment.
What got our attention: One of the speakers, Vice Minister of Commerce and Deputy Representative of International Trade Negotiations Wang Shouwen, addressed the progress of China’s CPTPP applicati...

sources

SCIO: 国新办举行坚持稳字当头推动商务高质量发展新闻发布会

March 2, 2022

Deep dive | Xi Jinping wants more coordinated action on climate policy

Exec sum: January’s Politburo study session showed that Xi Jinping is putting decarbonization at the heart of his economic policy. With China’s decarbonization strategy formulated at the end of 2021, Xi now wants officials to focus on implementation. Achieving China’s climate goals will not be easy…

Exec sum:

January’s Politburo study session showed that Xi Jinping is putting decarbonization at the heart of his economic policy.
With China’s decarbonization strategy formulated at the end of 2021, Xi now wants officials to focus on implementation.
Achieving China’s climate goals will not be easy...

Download PDF

March 1, 2022

A bit of trust always helps

On Friday, China Evergrande Group said that it is selling its stakes in four unfinished property developments to two state-owned trust companies. Both trust companies have promised to inject enough funds into the projects to ensure their completion. Some context: One of the ways Evergrande and oth…

On Friday, China Evergrande Group said that it is selling its stakes in four unfinished property developments to two state-owned trust companies.

Both trust companies have promised to inject enough funds into the projects to ensure their completion.

Some context: One of the ways Evergrande and oth...

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HKEX: Discloseable Transaction Cooperation With Everbright Trust And Minmetals Trust

March 1, 2022

Your Zoomba instructor today is the PBoC

On Monday, the People’s Bank of China (PBoC) offered its reassurances that China’s economy is safe from external shocks – clearly in response to the global uncertainty brought about by Russia’s invasion of Ukraine. The reassurances came in the form of a statement posted on the PBoC’s WeChat account…

On Monday, the People’s Bank of China (PBoC) offered its reassurances that China's economy is safe from external shocks – clearly in response to the global uncertainty brought about by Russia’s invasion of Ukraine.

The reassurances came in the form of a statement posted on the PBoC's WeChat account...

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The Paper: 央行：有能力、有条件可以有效应对外部冲击和国内下行压力

March 1, 2022

Keep it movin’

On Monday, at a State Council Information Office presser, Minister of Transport Li Xiaopeng dished on his agency’s near-term policy priorities. For Li, embattled global supply chains are top of mind. Key objectives for the ministry include: Ensuring the efficient and smooth transportation of key ma…

On Monday, at a State Council Information Office presser, Minister of Transport Li Xiaopeng dished on his agency's near-term policy priorities.
For Li, embattled global supply chains are top of mind. Key objectives for the ministry include:

Ensuring the efficient and smooth transportation of key ma...

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Gov.cn: 国新办举行“加快建设交通强国努力当好开路先锋”发布会

21st Century Biz: 交通运输部：加快构建国际物流体系，维护产业链、供应链的安全稳定

March 1, 2022

Outclassing the world

On Monday, the Central Committee for Comprehensively Deepening Reform (CCCDR) approved a set of guidelines on building world-class companies. Quick refresher: The CCCDR is the Party’s most important policymaking body. It’s chaired by Xi Jinping. What’s a world-class company, you ask? Luckily, Xi hi…

On Monday, the Central Committee for Comprehensively Deepening Reform (CCCDR) approved a set of guidelines on building world-class companies.
Quick refresher: The CCCDR is the Party's most important policymaking body. It's chaired by Xi Jinping.
What's a world-class company, you ask?
Luckily, Xi hi...

sources

Xinhua: 习近平主持召开中央全面深化改革委员会第二十四次会议

March 1, 2022

What gives you the (human) right?

On Monday, the State Council Information Office issued a white paper on Human Rights Violations in the United States in 2021. Some context: Since 1998, China has hit back against Western criticisms of its human rights record by issuing this annual report, flipping the script on US and other critics….

On Monday, the State Council Information Office issued a white paper on Human Rights Violations in the United States in 2021.
Some context: Since 1998, China has hit back against Western criticisms of its human rights record by issuing this annual report, flipping the script on US and other critics....

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Xinhua: The Report on Human Rights Violations in the United States in 2021

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