string(13) "markets-macro"

Macro

February 28, 2022

CBIRC expands private pension management trials

On Friday, the China Banking and Insurance Regulatory Commission (CBIRC) announced an expansion of China’s private pension management trials, from March 1. Some context: Currently, the vast majority of pension funds are managed by the state or employers. This pilot is aimed at developing China’s p… Username Password Remember Me Forgot Password

On Friday, the China Banking and Insurance Regulatory Commission (CBIRC) announced an expansion of China’s private pension management trials, from March 1.
Some context: Currently, the vast majority of pension funds are managed by the state or employers.

This pilot is aimed at developing China’s p...

sources

Gov.cn: 中国银保监会办公厅关于扩大养老理财产品试点范围的通知

Caixin: 养老理财试点扩围由“四地四机构”扩至“十地十机构”

February 28, 2022

Make it sparkle

On Friday, the Politburo got together for its monthly gathering. On the agenda: Financial sector cleanup. ICYMI: On Thursday, the Party’s anti-corruption watchdog (CCDI) wrapped up its latest round of discipline inspections targeting the financial sector – including 25 financial regulators and state…

On Friday, the Politburo got together for its monthly gathering.
On the agenda: Financial sector cleanup.
ICYMI: On Thursday, the Party’s anti-corruption watchdog (CCDI) wrapped up its latest round of discipline inspections targeting the financial sector – including 25 financial regulators and state...

sources

Gov.cn: 中共中央政治局召开会议习近平主持

Xinhua: CPC leadership meets to discuss draft gov't work report

February 28, 2022

The OG human right defenders

Nobody protects human rights quite like China’s Communist Party. That’s what Xi Jinping told the Politburo at a study session on the topic on Friday (Xinhua): “To respect and protect human rights is a persistent pursuit of the CPC, Xi stressed.” Xi said China’s successful human rights approach has…

Nobody protects human rights quite like China's Communist Party.
That’s what Xi Jinping told the Politburo at a study session on the topic on Friday (Xinhua):

“To respect and protect human rights is a persistent pursuit of the CPC, Xi stressed.”

Xi said China’s successful human rights approach has...

sources

Gov.cn: 习近平主持中共中央政治局第三十七次集体学习并发表重要讲话

Xinhua: Xi Focus: Xi stresses firm adherence to China's path of human rights development

February 28, 2022

To be a fly on the call

On Friday, Xi Jinping called up Russian President Vladimir Putin. No points for guessing what the two discussed. According to a Chinese Foreign Ministry readout, Putin began by claiming that NATO expansion and Washington’s failure to heed Russia’s security concerns had forced Moscow to defend its …

On Friday, Xi Jinping called up Russian President Vladimir Putin.

No points for guessing what the two discussed.

According to a Chinese Foreign Ministry readout, Putin began by claiming that NATO expansion and Washington’s failure to heed Russia’s security concerns had forced Moscow to defend its ...

sources

MoFA: President Xi Jinping Speaks with Russian President Vladimir Putin on the Phone

February 28, 2022

99 Decision Street, 99 ministers meet

Foreign Minister Wang Yi worked overtime this weekend as Russia’s invasion of Ukraine raged on. On Friday, Wang held phone calls with: British Foreign Secretary Liz Truss French Presidential Diplomatic Advisor Emmanuel Bonne European Union High Representative for Foreign Affairs and Security Policy…

Foreign Minister Wang Yi worked overtime this weekend as Russia’s invasion of Ukraine raged on.
On Friday, Wang held phone calls with:

British Foreign Secretary Liz Truss
French Presidential Diplomatic Advisor Emmanuel Bonne
European Union High Representative for Foreign Affairs and Security Policy...

sources

MoFA: 王毅阐述中方对当前乌克兰问题的五点立场

Neican: China's five-point position on the Ukraine issue

MoFA: Wang Yi Speaks with French President's Diplomatic Advisor Emmanuel Bonne on the Phone

MoFA: Wang Yi Speaks with British Foreign Secretary Elizabeth Truss on the Phone at Request

MoFA: Wang Yi Speaks with High Representative of the EU for Foreign Affairs and Security Policy Josep Borrell Fontelles on the Phone

MoFA: Wang Yi Speaks with German Foreign Minister Annalena Baerbock on the Phone

Reuters: UK tells China it must stand up for Ukraine's sovereignty

Reuters: Germany stresses China's "special responsibility" over Ukraine

February 28, 2022

Allen Wu says to take Arm China public

On Friday, Allen Wu, rogue CEO of Arm’s mainland joint venture Arm China, told SCMP he wants to take the company public in Shanghai or Hong Kong after 2025. Recap: UK semiconductor giant Arm and Allen Wu have been in a major tiff over control of Arm China since June 2020. Arm has tried to… Read More »

On Friday, Allen Wu, rogue CEO of Arm’s mainland joint venture Arm China, told SCMP he wants to take the company public in Shanghai or Hong Kong after 2025.
Recap: UK semiconductor giant Arm and Allen Wu have been in a major tiff over control of Arm China since June 2020.

Arm has tried to fir...

sources

SCMP: Exclusive | Arm China CEO asserts semiconductor venture’s right to pursue IPO independent of SoftBank-owned British shareholder Arm

February 28, 2022

Stop poking fun of Ukrainian women, seriously

On Sunday, Xinhua reported that WeChat, Weibo, and Douyin have asked users to knock off the inappropriate comments about Ukraine. The companies announced that any such comments would be censored, citing the CAC’s “clean cyberspace” rules on online decorum. What comments are we talking about exactl…

On Sunday, Xinhua reported that WeChat, Weibo, and Douyin have asked users to knock off the inappropriate comments about Ukraine.

The companies announced that any such comments would be censored, citing the CAC’s “clean cyberspace” rules on online decorum.

What comments are we talking about exactl...

sources

Xinhua: 请理性发言！

February 28, 2022

Shanghai sketches smart EV charging network vision

On Friday, Shanghai issued high-level policy guidance on building out electric vehicle charging infrastructure. Quick background: Promoting the new energy vehicle industry is a national goal, with its own 15-year development plan. Friday’s guidance establishes the broad goal of buil…

On Friday, Shanghai issued high-level policy guidance on building out electric vehicle charging infrastructure.
Quick background: Promoting the new energy vehicle industry is a national goal, with its own 15-year development plan.
Friday’s guidance establishes the broad goal of buil...

sources

Shanghai.gov: 上海市人民政府办公厅印发《关于本市进一步推动充换电基础设施建设的实施意见》的通知

February 28, 2022

Install those IoV chips, stat

On Friday, MIIT’s cybersecurity bureau called on government, automakers, and telecom operators to hurry up and get coordinated on next-gen registration chips for the Internet of vehicles (IoV). Background: In September, MIIT announced that all smart cars would have to include a chip that ties the ca…

On Friday, MIIT's cybersecurity bureau called on government, automakers, and telecom operators to hurry up and get coordinated on next-gen registration chips for the Internet of vehicles (IoV).
Background: In September, MIIT announced that all smart cars would have to include a chip that ties the ca...

sources

Gov.cn: 工信部网络安全管理局召开全国电视电话会议指导推进车联网卡实名登记工作

Gov.cn: 工业和信息化部关于加强车联网网络安全和数据安全工作的通知

February 28, 2022

Didi reserves decision on Russia operation

On Saturday, Didi announced that the company will continue its operations in Russia. About face: That’s a 180-degree turnaroundfrom its position a week ago. Just two days before Russia invaded Ukraine, Didi announced plans to exit its Russian business. But it’s unclear why Didi reversed its d…

On Saturday, Didi announced that the company will continue its operations in Russia.
About face: That’s a 180-degree turnaroundfrom its position a week ago.

Just two days before Russia invaded Ukraine, Didi announced plans to exit its Russian business.

But it’s unclear why Didi reversed its d...

sources

Reuters: China's Didi reverses course, will remain in Russia

February 28, 2022

Three dimentional planning

On Friday, the Ministry of Natural Resources (MNR) announced a 13-year plan to make a dynamic, realistic, and data-driven 3D model of China. Yes, really. Why: To upgrade national surveying and mapping capabilities, and provide more accurate geographic information services for policy pla…

On Friday, the Ministry of Natural Resources (MNR) announced a 13-year plan to make a dynamic, realistic, and data-driven 3D model of China.

Yes, really.

Why: To upgrade national surveying and mapping capabilities, and provide more accurate geographic information services for policy pla...

sources

MNR: 自然资源部办公厅关于全面推进实景三维中国建设的通知

February 28, 2022

CNNIC breaks down China internet

On Monday, CNNIC announced the release of the 49th Statistical Report on China’s Internet Development. This is the most official report available on the status of China’s internet architecture and user demographics. CNNIC releases a new one once every six months. Bummer: The full versio…

On Monday, CNNIC announced the release of the 49th Statistical Report on China's Internet Development.

This is the most official report available on the status of China's internet architecture and user demographics.
CNNIC releases a new one once every six months.

Bummer: The full versio...

sources

Sina: 我国网民规模达10.32亿城乡上网差距继续缩小

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