string(13) "markets-macro"

Macro

November 22, 2021

Look what you made me do

You asked for it! On Sunday, the Chinese Foreign Ministry (MoFA) hit back at Lithuania after the latter allowed Taiwan to open a de facto embassy in Vilnius. MoFA had some choice words on the development: “This act openly creates the false impression of ‘one China, one Taiwan’ in the world…undermin… Username Password Remember Me… Read More »

“This act openly creates the false impression of ‘one China, one Taiwan’ in the world…undermin...

sources

MoFA: Statement by the Ministry of Foreign Affairs

Lithuanian Foreign Ministry: On China’s decision not to return ambassadors

November 22, 2021

BRIng it on

On Friday, Xi Jinping spoke at a symposium with top officials on the Belt and Road Initiative (BRI). BRI 101: The initiative connects land and maritime trade routes across Asia, Europe and Africa. Turns out connectivity is difficult. As Xi admitted (Gov.cn): “The international environmen…

On Friday, Xi Jinping spoke at a symposium with top officials on the Belt and Road Initiative (BRI).
BRI 101: The initiative connects land and maritime trade routes across Asia, Europe and Africa.
Turns out connectivity is difficult. As Xi admitted (Gov.cn):

“The international environmen...

sources

Gov.cn: 习近平出席第三次“一带一路”建设座谈会并发表重要讲话

November 22, 2021

Xin Guobin on manufacturing

It’s conference season, alright. On Friday, MIIT vice minister Xin Guobin gave a speech at the opening ceremony of the 2021 World Manufacturing Conference in Hefei. What he said: Xin mostly re-iterated MIIT’s current policy priorities in the manufacturing sector, the big ones being: Ensuring stab…

It's conference season, alright.
On Friday, MIIT vice minister Xin Guobin gave a speech at the opening ceremony of the 2021 World Manufacturing Conference in Hefei.
What he said: Xin mostly re-iterated MIIT's current policy priorities in the manufacturing sector, the big ones being:

Ensuring stab...

sources

MIIT: 辛国斌出席2021世界制造业大会并致辞

November 22, 2021

The ACTUAL secretive science committee

On Friday, we thumbed our noses at a Bloomberg article that sensationalized a “secretive Chinese committee” which looked to us to be a pretty average industry association. Now presenting: The real secretive secret advisory committee. On Thursday, the Politburo raised eyebrows when they discussed th…

On Friday, we thumbed our noses at a Bloomberg article that sensationalized a "secretive Chinese committee" which looked to us to be a pretty average industry association.
Now presenting: The real secretive secret advisory committee.
On Thursday, the Politburo raised eyebrows when they discussed th...

sources

Xinhua: 习近平主持召开中央全面深化改革领导小组第三十二次会议

Gov.cn: 中共科学技术部党组关于坚持以习近平新时代中国特色社会主义思想为指导推进科技创新重大任务落实深化机构改革加快建设创新型国家的意见

Gov.cn: 中共中央政治局会议审议《国家安全战略（2021－2025年）》《军队功勋荣誉表彰条例》和《国家科技咨询委员会2021年咨询报告》习近平主持

Sohu: 科技咨询体系：为我国科技战略保驾护航

November 22, 2021

Just don’t do it

Financial regulators are showing signs of the jitters as the yuan flirts with multi-year highs. On Friday, the National Foreign Exchange Market Self-Discipline Mechanism (NFEMSDM) – called a meeting aimed at calming the CNY rally before it gets out of control. Liu Guoqiang, deputy governor of the c…

Financial regulators are showing signs of the jitters as the yuan flirts with multi-year highs.
On Friday, the National Foreign Exchange Market Self-Discipline Mechanism (NFEMSDM) – called a meeting aimed at calming the CNY rally before it gets out of control.

Liu Guoqiang, deputy governor of the c...

sources

PBoC: 全国外汇市场自律机制第八次工作会议召开

November 22, 2021

Coal exports plummet

China’s coal exports are in free fall. On Friday, China’s General Administration of Customs dropped data showing that October coal exports dropped 15.0% y/y – totaling just 160,000 tons. That’s not all: From January through October, China’s exports dropped a whopping 27.5% y/y. That’s just 2.13 mil…

China's coal exports are in free fall.
On Friday, China's General Administration of Customs dropped data showing that October coal exports dropped 15.0% y/y – totaling just 160,000 tons.
That's not all: From January through October, China's exports dropped a whopping 27.5% y/y.

That's just 2.13 mil...

sources

China Energy Network: 10月中国出口煤及褐煤16万吨同比下降15%

November 22, 2021

Can the CAC reach the kids?

We know you all spent a sleepless weekend waiting to find out what happened at the inaugural China Network Civilization Conference. Well, wait no longer. ICYMI: On Thursday, the CAC announced the conference would focus on purifying the internet of undesirable content and bringing order to the chaos…

We know you all spent a sleepless weekend waiting to find out what happened at the inaugural China Network Civilization Conference.
Well, wait no longer.
ICYMI: On Thursday, the CAC announced the conference would focus on purifying the internet of undesirable content and bringing order to the chaos...

sources

CAC: “汇聚向上向善力量，携手建设网络文明”——首届中国网络文明大会在京举办主论坛

November 22, 2021

Nothing if not consistent

On Friday, the People’s Bank of China (PBoC) published its Q3 Monetary Policy Report. You know what that means. Yes, it’s time for a mega-list of the central bank’s policy priorities! Some context: They make for dull reading, but these lists play an important role in the central bank’s messaging. …

On Friday, the People’s Bank of China (PBoC) published its Q3 Monetary Policy Report.
You know what that means.

Yes, it’s time for a mega-list of the central bank's policy priorities!

Some context: They make for dull reading, but these lists play an important role in the central bank’s messaging.
...

sources

PBoC: 中国货币政策执行报告

November 22, 2021

Answers to questions no one’s asking

On Friday, the China Banking and Insurance Regulatory Commission (CBIRC) published a Q&A. Some context: These Q&As – in which CBIRC responds to questions that imaginary journalists might hypothetically be interested in – are published semi-regularly. Sadly, none of the questions posed in Fr…

On Friday, the China Banking and Insurance Regulatory Commission (CBIRC) published a Q&A.
Some context: These Q&As – in which CBIRC responds to questions that imaginary journalists might hypothetically be interested in – are published semi-regularly.

Sadly, none of the questions posed in Fr...

sources

CBIRC: 中国银保监会新闻发言人答记者问

November 22, 2021

To each his own (list of banned content)

Well here’s a new twist in the conversation on Chinese companies going global. On Friday, Pakistan lifted its most recent ban on Chinese short video app TikTok. Background: In July, Pakistan’s telecoms regulator said it was blocking the app due to a proliferation of “inappropriate content” on the pl…

Well here's a new twist in the conversation on Chinese companies going global.
On Friday, Pakistan lifted its most recent ban on Chinese short video app TikTok.
Background: In July, Pakistan’s telecoms regulator said it was blocking the app due to a proliferation of “inappropriate content” on the pl...

sources

ifeng: TikTok在巴基斯坦解封过去15个月内四次被封禁

Vice News: TikTok Now Has ‘Vulgarity’ Moderators in Pakistan

November 22, 2021

Taobao livestreamers fined for tax evasion

Today, Hangzhou’s local tax bureau laid hefty fines on two live-streaming influencers for tax evasion. The details: The two Taobao livestreamers – Cherie (雪梨) and Sunny (林珊珊) – were ordered to pay RMB 65.6 million and RMB 27.7 million respectively for overdue taxes and fines. …

Today, Hangzhou’s local tax bureau laid hefty fines on two live-streaming influencers for tax evasion.
The details: The two Taobao livestreamers – Cherie (雪梨) and Sunny (林珊珊) – were ordered to pay RMB 65.6 million and RMB 27.7 million respectively for overdue taxes and fines. ...

sources

Sina: 雪梨偷逃税被罚6500万，揭秘她背后的商业版图

November 22, 2021

SAMR flexes muscle on antitrust merger review

On Saturday, SAMR issued 43 separate M&A fines to multiple tech giants for failing to file for antitrust merger reviews. ICYDK: From December 2020 until last week, SAMR had issued fines on 44 illegal M&As which had also failed to file for review. This recent batch of penalties double…

On Saturday, SAMR issued 43 separate M&A fines to multiple tech giants for failing to file for antitrust merger reviews.
ICYDK: From December 2020 until last week, SAMR had issued fines on 44 illegal M&As which had also failed to file for review.

This recent batch of penalties double...

sources

SAMR: 市场监管总局依法对43起未依法申报违法实施经营者集中案作出行政处罚决定

Caixin: 43起互联网投资未申报再被追查过半涉及腾讯阿里

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162