string(13) "markets-macro"

Macro

February 21, 2022

China starts mixing vaccine boosters

China has officially approved giving a different kind of COVID-19 vaccine as third-dose booster shots to increase immunity. That’s according to a deputy head of the health ministry (NHC), who announced the decision at a press conference on Saturday. The deets: Approval was given to the use of two ho… Username Password Remember Me … Read More »

China has officially approved giving a different kind of COVID-19 vaccine as third-dose booster shots to increase immunity. That's according to a deputy head of the health ministry (NHC), who announced the decision at a press conference on Saturday.
The deets: Approval was given to the use of two ho...

sources

The Paper: 国家卫健委：我国已在重点地区先行启动序贯加强免疫

Reuters: China allows COVID boosters of different technologies than primary shots

February 21, 2022

The dog ate my compliance paperwork

On Friday, regulators in Henan called ride-hailing companies in for a talking-to. On one side of the table: Seven regulators, including the local transport authorities and the police. On the other side: Five ride-hailing companies, including Didi, Jiangnan, Quanmin, Pinke, and Cuichi Chuxi…

On Friday, regulators in Henan called ride-hailing companies in for a talking-to.
On one side of the table: Seven regulators, including the local transport authorities and the police.
On the other side: Five ride-hailing companies, including Didi, Jiangnan, Quanmin, Pinke, and Cuichi Chuxi...

sources

People.cn: 河南约谈5家网约车平台公司：全面查找存在问题和安全稳定风险隐患

February 21, 2022

Mixed data security messages

Mixed messages much? On Friday, we highlighted an expert – and CAC-endorsed – commentary which addressed whether or not Chinese companies listing in Hong Kong would be subject to cybersecurity reviews. Recap – what’s happening: New rules require Chinese internet companies that handle the person…

Mixed messages much?
On Friday, we highlighted an expert – and CAC-endorsed – commentary which addressed whether or not Chinese companies listing in Hong Kong would be subject to cybersecurity reviews.
Recap - what's happening: New rules require Chinese internet companies that handle the person...

sources

People.cn: 专家解读｜新版《网络安全审查办法》有力夯实国家数据安全保障基石

February 21, 2022

MIIT: Batch 21, The SDK conundrum

On Friday, MIIT named and shamed yet another batch of apps for misuse of personal information. This is the 21st group of apps MIIT has called out since 2019. The numbers: 107 apps and 13 SDKs — third-party code embedded in apps — made the naughty list. Notable names: Baidu’s Navigation S…

On Friday, MIIT named and shamed yet another batch of apps for misuse of personal information.

This is the 21st group of apps MIIT has called out since 2019.

The numbers: 107 apps and 13 SDKs — third-party code embedded in apps — made the naughty list.
Notable names: Baidu’s Navigation S...

sources

MIIT: 关于侵害用户权益行为的APP通报（2022年第1批，总第21批）

February 21, 2022

Odd one out

On Wednesday and Thursday, Beijing held its first centralized land auction of the year. Of the 18 plots up for sale, 17 were bought for a total of RMB 48 billion at a premium of 4.5%. Some context: In February, the Ministry of Natural Resources (MNR) called on 22 major cities to restrict land sale…

On Wednesday and Thursday, Beijing held its first centralized land auction of the year.

Of the 18 plots up for sale, 17 were bought for a total of RMB 48 billion at a premium of 4.5%.

Some context: In February, the Ministry of Natural Resources (MNR) called on 22 major cities to restrict land sale...

sources

Securities Times: 480亿！北京首轮集中供地率先开启，22家房企现场竞价，央国企仍是拿地大户，土地市场有复苏迹象？

February 21, 2022

Flash talk | Will China ever quit zero-COVID?

Over the past two months, investors have zeroed in on the idea that the latest, highly transmissible Omicron variant of COVID-19 would severely test China’s tried-and-true pandemic playbook and zero-tolerance approach. In theory, the extreme infectiousness of the Omicron strain was going to force Ch…

February 21, 2022

Risky business

Liu Guiping – deputy head of the People’s Bank of China (PBoC) – called for financial institutions to get moving on building out climate risk management frameworks on Friday in the PBoC’s China Finance journal. Liu’s big fear: The risk of loan defaults could rise rapidly if key industries fail to d…

Liu Guiping – deputy head of the People's Bank of China (PBoC) – called for financial institutions to get moving on building out climate risk management frameworks on Friday in the PBoC's China Finance journal.
Liu's big fear: The risk of loan defaults could rise rapidly if key industries fail to d...

sources

Caixin: 央行副行长刘桂平：重点提升金融体系气候风险管理能力

February 18, 2022

Holding back the tide

The Ministry of Water Resources (MWR) is scrambling to respond to a severe drought in Guangdong province. Last week, MWR dispatched a team – led by Vice Minister Liu Weiping – to evaluate the ongoing drought response, water supply security, and efforts to prevent saltwater incursion in the Pearl Riv…

The Ministry of Water Resources (MWR) is scrambling to respond to a severe drought in Guangdong province.
Last week, MWR dispatched a team – led by Vice Minister Liu Weiping – to evaluate the ongoing drought response, water supply security, and efforts to prevent saltwater incursion in the Pearl Riv...

sources

The Paper: 60年最严重旱情叠加强劲咸潮，珠三角城市供水到了严峻时候

February 18, 2022

Unleash the hoard!

Get ready for more ore. On Thursday, the National Development and Reform Commission (NDRC) told several iron ore traders to release “excess” stockpiles. The instruction was delivered at a meeting of the NDRC, the market regulator (SAMR), and a number of traders summoned to discuss high iron ore pri…

Get ready for more ore.
On Thursday, the National Development and Reform Commission (NDRC) told several iron ore traders to release "excess" stockpiles.

The instruction was delivered at a meeting of the NDRC, the market regulator (SAMR), and a number of traders summoned to discuss high iron ore pri...

sources

SCMP: China urges iron ore traders to reduce inventory, stocks to reasonable levels after Qingdao probe

February 18, 2022

Banks issuing bonds for property M&A

One by one, banks are getting on board with the central bank’s plans for easing pressure on property developers. On Thursday, Caixin reported that, in the past month, at least four banks have issued – or said they intend to issue – RMB 5 billion in bonds each, to fund developers’ acquisitions of oth…

One by one, banks are getting on board with the central bank's plans for easing pressure on property developers.
On Thursday, Caixin reported that, in the past month, at least four banks have issued – or said they intend to issue – RMB 5 billion in bonds each, to fund developers’ acquisitions of oth...

sources

Caixin: 多家银行发行房地产并购主题债券支持处置出险房企

February 18, 2022

Gettin’ by on your own supply (chain)

At a routine press conference on Thursday, Ministry of Commerce (MofCom) spokesman Gao Feng was asked what his ministry is doing to address ongoing global supply chain disruptions. His answer: Everything we possibly can. ICYDK: Though China has managed to control COVID-19 domestically, the global pa…

At a routine press conference on Thursday, Ministry of Commerce (MofCom) spokesman Gao Feng was asked what his ministry is doing to address ongoing global supply chain disruptions.
His answer: Everything we possibly can.
ICYDK: Though China has managed to control COVID-19 domestically, the global pa...

sources

MofCom: 商务部召开例行新闻发布会（2022年2月17日）

February 18, 2022

Word to my MSMEs (DJ MofCom remix)

An old tune with a new twist: “Rural revitalization with business characteristics”. That’s what the Ministry of Commerce (MofCom) and the Rural Revitalization Leading Small Group (LSG) called for on Monday, according to a readout published Thursday. Neopol subscribers know all about Premier Li Keqi…

An old tune with a new twist: “Rural revitalization with business characteristics”.
That’s what the Ministry of Commerce (MofCom) and the Rural Revitalization Leading Small Group (LSG) called for on Monday, according to a readout published Thursday.
Neopol subscribers know all about Premier Li Keqi...

sources

MofCom: 商务部召开乡村振兴工作领导小组会议

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