string(13) "markets-macro"

Macro

December 13, 2021

Quick take | The CEWC: What’s next for tech?

It’s that time of the year again. Time for joy. Time for togetherness. Time for the Central Economic Work Conference (CEWC). Background: The CEWC is an annual meeting of top Party leadership that sets the national economic agenda for the next twelve months. The 2021 CEWC concluded on Friday. … Username Password Remember Me … Read More »

It’s that time of the year again. Time for joy. Time for togetherness. Time for the Central Economic Work Conference (CEWC).
Background: The CEWC is an annual meeting of top Party leadership that sets the national economic agenda for the next twelve months.

The 2021 CEWC concluded on Friday.

...

sources

Gov.cn: 中央经济工作会议举行习近平李克强作重要讲话

Xinhua: 运筹帷幄定基调，步调一致向前进——2021年中央经济工作会议侧记

21st Century Biz: 重磅！中财办韩文秀权威解读中央经济工作会议：防止出现两个谬误（附视频原音）

December 13, 2021

Inner Mongolia is building world’s largest rare earth exchange

On Sunday, Inner Mongolian’s Baotou local government announced it’s building the world’s largest rare earth exchange center. Why in this little-known city? Baotou accounts for about 80% of China’s rare earth reserves. Refresher: We flagged last week that Beijing is currently consolidating rare ear…

On Sunday, Inner Mongolian's Baotou local government announced it's building the world’s largest rare earth exchange center.
Why in this little-known city? Baotou accounts for about 80% of China’s rare earth reserves.
Refresher: We flagged last week that Beijing is currently consolidating rare ear...

sources

21st Century Biz: 内蒙古：打造世界最大稀土交易中心，推动“稀交所”升级国家级交易所

December 13, 2021

Online surgery influencers

On Sunday, Beijing News published an expose on a rising tide of public complaints that doctors in public hospitals are live-streaming their patient appointments without consent. Good heavens, why? Sometimes to establish themselves as authoritative medical influencers, sometimes to make money from t…

On Sunday, Beijing News published an expose on a rising tide of public complaints that doctors in public hospitals are live-streaming their patient appointments without consent.
Good heavens, why? Sometimes to establish themselves as authoritative medical influencers, sometimes to make money from t...

sources

BJ News: 边问诊边直播，医生越界了 | 新京报快评

December 13, 2021

Work from back home

On Friday, the Institute of Digital China at the Chinese Academy of Social Sciences (CASS) released a report on digitization trends in county-level rural areas. One interesting finding: Young people are slowly returning to live in rural central and western regions due to an increased availabili…

On Friday, the Institute of Digital China at the Chinese Academy of Social Sciences (CASS) released a report on digitization trends in county-level rural areas.
One interesting finding: Young people are slowly returning to live in rural central and western regions due to an increased availabili...

sources

People.cn: 社科院发布2021中国县域9个小变化数字经济已成新风口

December 13, 2021

Data dump: ride-hailing industry

On Sunday, the National Online Car-hailing Supervision Information Exchange Platform (NOCSIEP) released November stats on the state of China’s ride-hailing industry. Background: The platform is run by the China Transport Telecommunications & Information Center, a bureau under the Mini…

On Sunday, the National Online Car-hailing Supervision Information Exchange Platform (NOCSIEP) released November stats on the state of China's ride-hailing industry.
Background: The platform is run by the China Transport Telecommunications & Information Center, a bureau under the Mini...

sources

People.cn: 全国网约车监管信息平台11月共收到订单62309.9万单

December 13, 2021

Deep dive | China’s financial opening: A work in progress

In the past four years, China has ratcheted up the opening of its financial sector. Policymakers have issued a string of new measures to open up China’s banking, insurance, and securities markets to more foreign participation. The result: Foreign financial institutions have been tripping over them…

In the past four years, China has ratcheted up the opening of its financial sector.

Policymakers have issued a string of new measures to open up China’s banking, insurance, and securities markets to more foreign participation.

The result: Foreign financial institutions have been tripping over them...

December 10, 2021

Alibaba consortium hits a snag

Yesterday, Bloomberg reported that an Alibaba-led consortium hit a last-minute snag in its bid to invest in state-owned chipmaker Tsinghua Unigroup. What snag? According to Bloomberg, regulators don’t like the idea of a U.S.-listed company like Alibaba owning a sensitive state-owned company li…

Yesterday, Bloomberg reported that an Alibaba-led consortium hit a last-minute snag in its bid to invest in state-owned chipmaker Tsinghua Unigroup.
What snag? According to Bloomberg, regulators don't like the idea of a U.S.-listed company like Alibaba owning a sensitive state-owned company li...

sources

Bloomberg: Alibaba-Led Bid for Unigroup Hits Last-Minute Snag

December 10, 2021

No chillnius for Vilnius

China’s putting the screws to Lithuanian business. ICYMI: Sino-Lithuanian relations exploded last month after Vilnius allowed Taiwan to open a de facto embassy in the country, triggering China’s fury. Turns out, China’s still holding a grudge: Beijing has effectively imposed a blanket ban on the im…

China’s putting the screws to Lithuanian business.
ICYMI: Sino-Lithuanian relations exploded last month after Vilnius allowed Taiwan to open a de facto embassy in the country, triggering China’s fury.
Turns out, China’s still holding a grudge:

Beijing has effectively imposed a blanket ban on the im...

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Reuters: Exclusive: Lithuania braces for China-led corporate boycott

SCMP: China snubs EU efforts to mediate in Lithuania row, as trade embargo worsens

December 10, 2021

Central Economic Work Conference debates how to achieve economic goals

It’s happening. The annual Central Economic Work Conference (CEWC) kicked off in Beijing yesterday. At least, we’re pretty sure it did. As ever, there has been no official announcement, but there are two indications that the meeting is underway: The top leadership has been noticeably absent from an…

It’s happening.
The annual Central Economic Work Conference (CEWC) kicked off in Beijing yesterday.
At least, we’re pretty sure it did. As ever, there has been no official announcement, but there are two indications that the meeting is underway:

The top leadership has been noticeably absent from an...

sources

People's Daily: 在高质量发展中赢得历史主动

Xinhua: Xi Focus: Five perspectives on where Chinese economy is heading under Xi's thought

December 10, 2021

You keep using that word

I do not think it means what you think it means. One of China’s top officials in Hong Kong (HK), Liu Guangyuan, unveiled a new definition of democracy on Thursday (SCMP): “A government qualified as democratic as long as it listened to its people and they, in turn, trusted it.” Liu headlined at a B…

I do not think it means what you think it means.
One of China’s top officials in Hong Kong (HK), Liu Guangyuan, unveiled a new definition of democracy on Thursday (SCMP):

“A government qualified as democratic as long as it listened to its people and they, in turn, trusted it.”

Liu headlined at a B...

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SCMP: Beijing’s Hong Kong officials wade into ‘democracy’ debate, blast US for using it as a pretext to interfere in city affairs

December 10, 2021

Same old problem

On Thursday, the State Council Information Office held a press conference to introduce China’s efforts to establish better elderly care services during the 14th Five-Year Plan (2021-25). Some context: The Party Central Committee and the State Council published national guidelines last month on …

On Thursday, the State Council Information Office held a press conference to introduce China's efforts to establish better elderly care services during the 14th Five-Year Plan (2021-25).
Some context: The Party Central Committee and the State Council published national guidelines last month on ...

sources

CCTV: “十四五”期间我国将建立基本养老服务清单制度

China Daily: Measures lift quality of life for the elderly

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