string(13) "markets-macro"

Macro

February 15, 2022

Ride-hailing regulators unite!

On Tuesday, the Ministry of Transport (MoT) and seven other ministries announced they are forming an alliance to regulate the ride-hailing industry. At issue: For years, ride-hailing platforms – such as Didi – have employed huge numbers of drivers unlicensed to operate in the cities … Username Password Remember Me Forgot Password

On Tuesday, the Ministry of Transport (MoT) and seven other ministries announced they are forming an alliance to regulate the ride-hailing industry.
At issue: For years, ride-hailing platforms – such as Didi – have employed huge numbers of drivers unlicensed to operate in the cities ...

sources

Gov.cn: 交通运输部办公厅工业和信息化部办公厅公安部办公厅人力资源社会保障部办公厅中国人民银行办公厅国家税务总局办公厅国家市场监督管理总局办公厅国家网信办秘书局关于加强网络预约出租汽车行业事前事中事后全链条联合监管有关工作的通知

February 15, 2022

Spend it wisely

On Monday, the Ministry of Finance (MoF) released more granular information on local government debt issuance in January. ICYMI: We noted last week that local government bond issuance was up big over January 2021. Local governments issued RMB 698.9 billion worth of bonds in January – a 93% increase…

On Monday, the Ministry of Finance (MoF) released more granular information on local government debt issuance in January.
ICYMI: We noted last week that local government bond issuance was up big over January 2021.

Local governments issued RMB 698.9 billion worth of bonds in January – a 93% increase...

sources

Yicai: 钱来了！财政部提前下达新增地方债限额17880亿，1月已发三成多

Caixin: 多地一季度重大项目集中开工投资成稳增长重要抓手

February 15, 2022

It gets so Urgent, Urgent

China’s emergency response system needs an overhaul – stat! Good thing on Monday the State Council told authorities nationwide to implement the new 14th Five Year Plan (FYP) for the National Emergency Response System. The plan covers both work safety and disaster prevention, mitigation, and relief. …

China’s emergency response system needs an overhaul – stat!
Good thing on Monday the State Council told authorities nationwide to implement the new 14th Five Year Plan (FYP) for the National Emergency Response System.
The plan covers both work safety and disaster prevention, mitigation, and relief.
...

sources

Gov.cn: Full text: “十四五”国家应急体系规划

Gov.cn: 国务院印发《“十四五”国家应急体系规划》

February 15, 2022

What’s cooler than being cool?

On Monday, Foreign Ministry Spokesperson Wang Wenbin addressed the burning question asked by geopolitics nerds the world over. Namely, where does China stand on the Russia-Ukraine standoff? ICYMI: In a move familiar to fans of Sid Meier’s Civilization, Russia has massed troops on Ukraine’s borders…

On Monday, Foreign Ministry Spokesperson Wang Wenbin addressed the burning question asked by geopolitics nerds the world over.

Namely, where does China stand on the Russia-Ukraine standoff?

ICYMI: In a move familiar to fans of Sid Meier’s Civilization, Russia has massed troops on Ukraine's borders...

sources

MoFA: Foreign Ministry Spokesperson Wang Wenbin’s Regular Press Conference on February 14, 2022

February 15, 2022

New outbreak in Suzhou

China’s COVID-19 case numbers are trending upward again. Between last Tuesday and this Monday, China reported (NHC): 283 new domestically transmitted symptomatic infections, up from 201 in the previous week. 197 new domestically transmitted asymptomatic infections, up&…

China's COVID-19 case numbers are trending upward again.
Between last Tuesday and this Monday, China reported (NHC):

283 new domestically transmitted symptomatic infections, up from 201 in the previous week.
197 new domestically transmitted asymptomatic infections, up&...

sources

NHC: 截至2月14日24时新型冠状病毒肺炎疫情最新情况

The Paper: 江苏苏州病毒溯源为奥密克戎变异株

Global Times: Suzhou in E.China suspends schools, medical services after reporting 8 Omicron infections

NBD: 苏州深夜突发通告！非必要不外出，关闭15个高速公路入口，暂停客运班车！1确诊病例在浙江海宁活动轨迹公布

February 15, 2022

Cuz I’m all about that space, ’bout that space, no gamble

On Valentine’s Day, Macau’s government rolled the dice for its future. Okay, it actually got super serious by announcing a new Urban Master Plan to guide development in the coming 20 years. Like many long-range plans, this document laid out weighty ambitions (Gov.cn): Promote integration within the…

On Valentine's Day, Macau's government rolled the dice for its future.
Okay, it actually got super serious by announcing a new Urban Master Plan to guide development in the coming 20 years.
Like many long-range plans, this document laid out weighty ambitions (Gov.cn):

Promote integration within the...

sources

Gov.cn: 澳门特别行政区城市总体规划（2020-2040）》公布

February 15, 2022

A rural revolution

On Friday, the State Council published the 14th Five-Year Plan (FYP) for Promoting Agriculture and Rural Modernization. ICYMI: Yesterday we highlighted the plan’s breadth, along with its “meatiest” target – expanding domestic meat production by an additional 12 million tons yearly by 2025. But there…

On Friday, the State Council published the 14th Five-Year Plan (FYP) for Promoting Agriculture and Rural Modernization.
ICYMI: Yesterday we highlighted the plan's breadth, along with its "meatiest" target – expanding domestic meat production by an additional 12 million tons yearly by 2025.
But there...

sources

Gov.cn: 国务院关于印发“十四五”推进农业农村现代化规划的通知

February 15, 2022

Government going after unlicensed Didi drivers

On Tuesday, the Ministry of Transport (MoT) and seven other ministries announced they intend crack down on the ride-hailing industry. At issue: For years, ride-hailing platforms – such as Didi – have employed a massive number of drivers unlicensed to operate in the cities where they drive. Ride-hai…

On Tuesday, the Ministry of Transport (MoT) and seven other ministries announced they intend crack down on the ride-hailing industry.
At issue: For years, ride-hailing platforms – such as Didi – have employed a massive number of drivers unlicensed to operate in the cities where they drive.

Ride-hai...

sources

MoT: 交通运输部办公厅工业和信息化部办公厅公安部办公厅人力资源社会保障部办公厅中国人民银行办公厅国家税务总局办公厅国家市场监督管理总局办公厅国家网信办秘书局关于加强网络预约出租汽车行业事前事中事后全链条联合监管有关工作的通知

February 15, 2022

Sinopec of data resources?

Are Chinese SOEs getting into the data business? On Thursday, the Shanghai branch of state-owned asset manager SASAC held a progress update meeting on its “three year action plan” for upgrading state-owned enterprises (SOEs) in the city. What caught our eye: SASAC officials said they want to s…

Are Chinese SOEs getting into the data business?
On Thursday, the Shanghai branch of state-owned asset manager SASAC held a progress update meeting on its “three year action plan” for upgrading state-owned enterprises (SOEs) in the city.
What caught our eye: SASAC officials said they want to s...

sources

Sina: 上海国资划定“硬指标”！组建数据企业集团、深化混改

February 15, 2022

Ele.me responds to labor policy

On Monday, Shanghai-based food delivery platform Ele.me published an outline of its efforts to improve labor rights protections for delivery drivers. The release is a PR response to a recent regulatory firestorm surrounding the labor rights for contract workers. In the release, Ele.me re-ite…

On Monday, Shanghai-based food delivery platform Ele.me published an outline of its efforts to improve labor rights protections for delivery drivers.

The release is a PR response to a recent regulatory firestorm surrounding the labor rights for contract workers.

In the release, Ele.me re-ite...

sources

Jiemian: 一年1877位骑士晋升为站长队长，饿了么发布《蓝骑士发展与保障报告》

February 15, 2022

Which apps are Chinese, exactly?

On Monday, India’s Ministry of Home Affairs banned another 54 Chinese apps over national security concerns. The total number of Chinese apps banned in India has now hit 278. Blockbuster apps WeChat and TikTok were banned in 2020. A wide range of apps got the ban hammer this time around, from mobil…

On Monday, India’s Ministry of Home Affairs banned another 54 Chinese apps over national security concerns.

The total number of Chinese apps banned in India has now hit 278.
Blockbuster apps WeChat and TikTok were banned in 2020.

A wide range of apps got the ban hammer this time around, from mobil...

sources

Hindustan Times: Govt bans 54 Chinese apps over security threat concerns

Bloomberg: Sea’s Free Fire Among Apps India Bans on China Security Fear

Nikkei: Tencent's stake sale in Sea not about regulatory risk: source

February 15, 2022

MOMO seeks secondary listing in Hong Kong

On Monday, Jiemian reported that the Hello Group (formerly called Momo Inc.) has begun working on a secondary listing in Hong Kong. The company has not confirmed the news. Who is Hello Group? Nasdaq-listed Hello Group owns a series of social networking apps targeting young people in Chin…

On Monday, Jiemian reported that the Hello Group (formerly called Momo Inc.) has begun working on a secondary listing in Hong Kong.

The company has not confirmed the news.

Who is Hello Group? Nasdaq-listed Hello Group owns a series of social networking apps targeting young people in Chin...

sources

Jiemian: 【独家】陌陌启动港股上市计划，欲重获高估值

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