string(13) "markets-macro"

Macro

November 26, 2021

Didi to delist?

RIP Didi stock prices. Today, Bloomberg reported that the CAC has pressured Didi to propose a plan for delisting in the US, citing unnamed sources. The sources said delisting is not a done deal, and “may still be walked back.” What’s new this time? If true, this will be the first time t… Username Password Remember… Read More »

RIP Didi stock prices.
Today, Bloomberg reported that the CAC has pressured Didi to propose a plan for delisting in the US, citing unnamed sources.

The sources said delisting is not a done deal, and “may still be walked back.”

What’s new this time? If true, this will be the first time t...

sources

Bloomberg: China Asks Didi to Delist From U.S. On Security Fears

November 26, 2021

Shanghai Data Exchange launches in Pudong

On Thursday, the Shanghai Data Exchange (上海数据交易所) launched in Pudong New District. What is it? A state-backed marketplace where data products and services can be bought and sold. Background: Over the past five years, national policy has increasingly prioritized the development of China’s data …

On Thursday, the Shanghai Data Exchange (上海数据交易所) launched in Pudong New District.
What is it? A state-backed marketplace where data products and services can be bought and sold.
Background: Over the past five years, national policy has increasingly prioritized the development of China's data ...

sources

Gov.cn: 上海数据交易所揭牌成立

Sina: 上海数据交易所正式成立，怎样用市场化运营激发数据价值？

Xinhua: Shanghai Data Exchange begins trading

November 26, 2021

Another sanctions party

Today, the US Department of Commerce’s Bureau of Industry and Security added a new batch of Chinese companies to its Entity List over national security concerns. What concerns, you ask? Concern one: Transferring Western technologies to Iran, North Korea, and China for military uses: Corad Technol…

Today, the US Department of Commerce's Bureau of Industry and Security added a new batch of Chinese companies to its Entity List over national security concerns.
What concerns, you ask?
Concern one: Transferring Western technologies to Iran, North Korea, and China for military uses:

Corad Technol...

sources

Gov.cn: Foreign Ministry Spokesperson Zhao Lijian’s Regular Press Conference on November 25, 2021

federalregister.gov: Addition of Entities and Revision of Entries on the Entity List; and Addition of Entity to the Military End-User (MEU) List A Rule by the Industry and Security Bureau on 11/26/2021

US commerce.gov: Commerce Lists Entities Involved in the Support of PRC Military Quantum Computing Applications, Pakistani Nuclear and Missile Proliferation, and Russia’s Military

November 26, 2021

SOEs to ban wechat use

On Thursday, WSJ reported that Chinese SOEs are telling their employees to stop discussing “sensitive information” on WeChat due to “security concerns.” Those SOEs include: China Mobile Ltd China Construction Bank Corp China National Petroleum Corp According to WSJ, the companies told their …

On Thursday, WSJ reported that Chinese SOEs are telling their employees to stop discussing “sensitive information” on WeChat due to “security concerns.”
Those SOEs include:

China Mobile Ltd
China Construction Bank Corp
China National Petroleum Corp

According to WSJ, the companies told their ...

sources

WSJ: China’s State-Run Companies Limit Use of Tencent’s Messaging App

November 26, 2021

Xu Xiaolan talks data trading vs. data security

All kinds of fancy folks turned up to deliver grand speeches at the opening ceremony of the Shanghai Data Exchange. Among the speakers: MIIT Vice Minister Xu Xiaolan. What Xu said: China’s working hard to figure out how to support the big data industry, and to better enable the buying and …

All kinds of fancy folks turned up to deliver grand speeches at the opening ceremony of the Shanghai Data Exchange.
Among the speakers: MIIT Vice Minister Xu Xiaolan.
What Xu said: China’s working hard to figure out how to support the big data industry, and to better enable the buying and ...

sources

Shanghai Securities News: 工业和信息化部副部长徐晓兰：着力完善大数据产业发展顶层设计促进数据要素合法、合规流通

November 26, 2021

Isn’t it AIronic

Yesterday, English-language media scoffed when China signed on to the world’s first international pledge on AI ethics, an initiative spearheaded by UN agency Unesco. The pledge includes a ban on AI use in social scoring or mass surveillance. The general tenor of the reporting: Oh, how ironic …

Yesterday, English-language media scoffed when China signed on to the world’s first international pledge on AI ethics, an initiative spearheaded by UN agency Unesco.

The pledge includes a ban on AI use in social scoring or mass surveillance.

The general tenor of the reporting: Oh, how ironic ...

sources

Politico: China backs UN pledge to ban (its own) social scoring

SCMP: UN agency pushes global AI ethics norm that bans use of the technology for social scoring, mass surveillance purposes

November 25, 2021

Beijing sci-tech innovation center roadmap

Yesterday, the Beijing Municipal Party Committee issued a planning roadmap designed to transform Beijing into an international sci-tech powerhouse over the next 5 years. The document lays out targets for science and innovation over the next five years, including increasing: The proportion of R&amp…

Yesterday, the Beijing Municipal Party Committee issued a planning roadmap designed to transform Beijing into an international sci-tech powerhouse over the next 5 years.
The document lays out targets for science and innovation over the next five years, including increasing:

The proportion of R&...

sources

Beijing.gov: 《北京市“十四五”时期国际科技创新中心建设规划》新闻发布会在京举办

Beijing.gov: 中共北京市委北京市人民政府关于印发《北京市“十四五”时期国际科技创新中心建设规划》的通知

November 25, 2021

Deep dive | Stairway to (Data) Heaven?

On October 29, the Cyberspace Administration of China (CAC) released a draft of the document every company doing business in China has been waiting on for years: the Measures for Data Export Security Assessments. What it is: The procedures for getting approval to export sensitive…

On October 29, the Cyberspace Administration of China (CAC) released a draft of the document every company doing business in China has been waiting on for years: the Measures for Data Export Security Assessments.
What it is: The procedures for getting approval to export sensitive...

sources

CAC: 数据出境安全评估办法（征求意见稿）

November 25, 2021

Old enough to know better

On Wednesday, the Party Central Committee and the State Council published a guideline instructing localities to step up services for and protection of the elderly. The headline: Beijing is pushing a lot more investment into eldercare services. The guideline admonishes localities to (Gov.cn): Impro…

On Wednesday, the Party Central Committee and the State Council published a guideline instructing localities to step up services for and protection of the elderly.
The headline: Beijing is pushing a lot more investment into eldercare services.
The guideline admonishes localities to (Gov.cn):

Impro...

sources

Gov.cn: 中共中央国务院关于加强新时代老龄工作的意见

Global Times: China publishes guidelines to enhance the sense of happiness and security of the aging population

UN: World Population Ageing 2019

November 25, 2021

CCCDR demands better young socialists

On Wednesday, Xi Jinping chaired a meeting of the Central Committee for Comprehensively Deepening Reform (CCCDR). Some context: The CCCDR was established as part of the broad institutional reforms that took place in March 2018. It’s the Party’s most important policymaking body. Top of the agenda: …

On Wednesday, Xi Jinping chaired a meeting of the Central Committee for Comprehensively Deepening Reform (CCCDR).
Some context: The CCCDR was established as part of the broad institutional reforms that took place in March 2018.

It’s the Party’s most important policymaking body.

Top of the agenda: ...

sources

Gov.cn: 习近平主持召开中央全面深化改革委员会第二十二次会议强调：加快科技体制改革攻坚建设全国统一电力市场体系建立中小学校党组织领导的校长负责制

November 25, 2021

Wanted: a nationally unified electricity market

At Wednesday’s meeting of the Central Commission for Comprehensively Deepening Reform (CCCDR), Xi Jinping and co. approved another monumental document: The Guiding Opinions on Accelerating the Construction of a Nationally Unified Electricity Market System It’s a huge deal: And somewhat overdue. Th…

At Wednesday's meeting of the Central Commission for Comprehensively Deepening Reform (CCCDR), Xi Jinping and co. approved another monumental document:

The Guiding Opinions on Accelerating the Construction of a Nationally Unified Electricity Market System

It's a huge deal: And somewhat overdue. Th...

sources

November 25, 2021

Missionaries of the 6th Plenum arrive at Baidu

On Tuesday, CAC Deputy Director Sheng Ronghua headed to Baidu to “preach the spirit of the Sixth Plenum.” That was fast: Last week, Sheng’s boss — CAC Director Zhuang Rongwen — instructed the agency to send out missionaries to spread the good word about the Plenum resolution. So what exactly is the …

On Tuesday, CAC Deputy Director Sheng Ronghua headed to Baidu to “preach the spirit of the Sixth Plenum.”
That was fast: Last week, Sheng’s boss — CAC Director Zhuang Rongwen — instructed the agency to send out missionaries to spread the good word about the Plenum resolution.
So what exactly is the ...

sources

CAC: 盛荣华在百度公司宣讲党的十九届六中全会精神

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162