string(13) "markets-macro"

Macro

February 23, 2022

Another ByteDancer stopped dancing?

On Tuesday, rumors begin swirling that a coder at ByteDance had died from cardiac arrest while exercising at the company’s gym. The whole thing is super weird: A woman, who claims to be the coder’s wife, said that her husband told gym staff he felt unwell, but was told to go find a doctor on… Read More »

On Tuesday, rumors begin swirling that a coder at ByteDance had died from cardiac arrest while exercising at the company’s gym.
The whole thing is super weird:

A woman, who claims to be the coder’s wife, said that her husband told gym staff he felt unwell, but was told to go find a doctor on his ow...

sources

Sina: 28岁员工猝死：字节跳动正在失去90后

Sina: 独家 | 字节跳动内网回应员工猝死：凌晨仍在医院抢救中

February 23, 2022

Do you hear the people complain

On Tuesday, MIIT publicly responded to a netizen complaint about forced mobile app downloading by Baidu. ICYDK: State media outlet People’s Daily manages a message board where the general public can interact with government ministers. The ministers’ responses sometimes offer clues about upcomi…

On Tuesday, MIIT publicly responded to a netizen complaint about forced mobile app downloading by Baidu.
ICYDK: State media outlet People’s Daily manages a message board where the general public can interact with government ministers.

The ministers’ responses sometimes offer clues about upcomi...

sources

People's Daily: 建议对部分网站强制要求下载APP的行为进行整

February 23, 2022

Dexter’s metaverse lab

On Tuesday, a new metaverse laboratory was founded under the auspices of the Metaverse Consensus Circle. Quick recap: Established in November, the Metaverse Consensus Circle is China’s first metaverse industry association. It aims to explore applications for metaverse technologies in China, and p…

On Tuesday, a new metaverse laboratory was founded under the auspices of the Metaverse Consensus Circle.
Quick recap: Established in November, the Metaverse Consensus Circle is China’s first metaverse industry association.

It aims to explore applications for metaverse technologies in China, and p...

sources

TCC 2017: 元宇宙实验室和深圳清博智能达成战略合作，共建元宇宙联合实验室

February 23, 2022

Dispensing online justice

On Tuesday, the Supreme People’s Court (SPC) held a press conference to announce the release of the “Rules for the Online Operation of Courts.” Background: The rules were approved at the 1861st meeting of the SPC Judicial Committee in December, but have not previously been made public. They wi…

On Tuesday, the Supreme People’s Court (SPC) held a press conference to announce the release of the “Rules for the Online Operation of Courts.”
Background: The rules were approved at the 1861st meeting of the SPC Judicial Committee in December, but have not previously been made public.

They wi...

sources

The Paper: 最高法发布《人民法院在线运行规则》

February 23, 2022

NDRC helps out the industrial sector

Times are tough. But your government’s here to help. That’s the message that the NDRC, China’s macro-planner, and 11 other government agencies hoped to send on February 18 when they announced 18 measures to support the industrial sector. Some context: Last December, the NDRC issued a plan to promote…

Times are tough. But your government's here to help.
That's the message that the NDRC, China's macro-planner, and 11 other government agencies hoped to send on February 18 when they announced 18 measures to support the industrial sector.
Some context: Last December, the NDRC issued a plan to promote...

sources

NDRC: 关于印发促进工业经济平稳增长的若干政策的通知

February 22, 2022

Reviewing the rulebook

On Tuesday, the Legislation Department of the General Office of the Central Committee ran an article on the frontpage of the People’s Daily. The topic: Summarizing efforts to review all Party rules written since the 18th Party Congress (2012). It’s been thorough work (People’s Daily): The review co…

On Tuesday, the Legislation Department of the General Office of the Central Committee ran an article on the frontpage of the People’s Daily.
The topic: Summarizing efforts to review all Party rules written since the 18th Party Congress (2012).
It’s been thorough work (People’s Daily):

The review co...

sources

People's Daily: 有力维护党内法规制度的统一性——党的十八大以来党内法规和规范性文件备案审查工作综述

February 22, 2022

Happy old age, happy new era

On Monday, the State Council announced a new plan for China’s old: the 14th Five-Year Plan (FYP) for National Aging Development and Elderly Care Services. The reason (Gov.cn): “So that the elderly can share the fruits of reform and development and enjoy a happy old age.” Why it matters: Chi…

On Monday, the State Council announced a new plan for China's old: the 14th Five-Year Plan (FYP) for National Aging Development and Elderly Care Services.
The reason (Gov.cn):

“So that the elderly can share the fruits of reform and development and enjoy a happy old age.”

Why it matters: Chi...

sources

Gov.cn: 国务院印发《“十四五”国家老龄事业发展和养老服务体系规划》

Sina: https://finance.sina.com.cn/china/2022-02-21/doc-imcwipih4601909.shtml

February 22, 2022

No rootin’ for Putin

Remember two days ago, when the Beijing Winter Olympics lifted us with renewed hope for peace, international friendship, and a recognition of our shared humanity? Yeah, that sure was nice. Anyway, on Monday, Zhang Jun, China’s Permanent Representative to the United Nations had to respond to the ne…

Remember two days ago, when the Beijing Winter Olympics lifted us with renewed hope for peace, international friendship, and a recognition of our shared humanity?

Yeah, that sure was nice.

Anyway, on Monday, Zhang Jun, China’s Permanent Representative to the United Nations had to respond to the ne...

sources

China's Permanent Mission to the UN: Remarks by Ambassador Zhang Jun at the UN Security Council Meeting on Ukraine

Reuters: Putin orders Russian troops to Ukraine after recognising breakaway regions

February 22, 2022

Thank you for your service

Now we’ll do more to help you succeed in civilian life. That was the pledge on February 20, when the Party Central Committee, State Council and Central Military Commission released China’s first ever five-year plan (FYP) on services and support for military veterans. Why it matters: According to the…

Now we'll do more to help you succeed in civilian life.
That was the pledge on February 20, when the Party Central Committee, State Council and Central Military Commission released China's first ever five-year plan (FYP) on services and support for military veterans.
Why it matters: According to the...

sources

Gov.cn: 中共中央办公厅、国务院办公厅、中央军委办公厅印发《“十四五”退役军人服务和保障规划》

The Paper: 中国现有多少退役军人？退役军人事务部：明年给出精确数字

February 22, 2022

China’s open for business

Global Olympic sponsors kept quieter than usual ahead of the 2022 Winter Games. But Beijing wants foreign investors to know they’re still welcome. The Ministry of Commerce (MofCom) held the National Foreign Investment Work Conference on Friday, an annual meeting to map out priorities. Foreign inves…

Global Olympic sponsors kept quieter than usual ahead of the 2022 Winter Games.
But Beijing wants foreign investors to know they're still welcome.
The Ministry of Commerce (MofCom) held the National Foreign Investment Work Conference on Friday, an annual meeting to map out priorities.
Foreign inves...

sources

MofCom: 2022年全国外资工作电视电话会议召开

February 22, 2022

Restricting restrictions

Over the past week, new domestic outbreaks in Suzhou (Jiangsu), Hohhot (Inner Mongolia), and Huludao (Liaoning) have pushed China’s COVID-19 numbers upward again. Between last Tuesday and this Monday, China reported (NHC): 432 new domestically transmitted symptomatic infections, up from&n…

Over the past week, new domestic outbreaks in Suzhou (Jiangsu), Hohhot (Inner Mongolia), and Huludao (Liaoning) have pushed China's COVID-19 numbers upward again.
Between last Tuesday and this Monday, China reported (NHC):

432 new domestically transmitted symptomatic infections, up from&n...

sources

NHC: 截至2月21日24时新型冠状病毒肺炎疫情最新情况

NDRC: 国家发展改革委等部门印发《关于促进服务业领域困难行业恢复发展的若干政策》的通知

SCIO: 国新办举行促进工业经济平稳增长和服务业特殊困难行业纾困发展新闻发布会（图文实录）

February 22, 2022

Meituan asked to help out troubled restaurants

On Friday, Meituan stocks took a big tumble as skittish investors reacted to what appeared to be the beginning of a regulatory crackdown on restaurant delivery apps. Why it happened: The headlines screamed that China’s macro planner (NDRC) and 13 ministries released a docum…

On Friday, Meituan stocks took a big tumble as skittish investors reacted to what appeared to be the beginning of a regulatory crackdown on restaurant delivery apps.
Why it happened: The headlines screamed that China’s macro planner (NDRC) and 13 ministries released a docum...

sources

Caixin: 14部委发文引导外卖平台降佣金美团股价暴跌15%

NDRC: 国家发展改革委等部门印发《关于促进服务业领域困难行业恢复发展的若干政策》的通知

Caijing: 下调商户服务费标准对美团的影响有多大？

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