string(13) "markets-macro"

Macro

November 17, 2021

A way out of mass testing? Nope

Even when you’re not checking, China’s mass vaccination campaign rolls on. Last week, China injected 56 million vaccine doses, down from 61 million in the previous week. With a large proportion of China’s population vaccinated, the crucial issue of whether to relax quarantine and containment measu… Username Password Remember Me Forgot Password

Even when you're not checking, China's mass vaccination campaign rolls on.

Last week, China injected 56 million vaccine doses, down from 61 million in the previous week.

With a large proportion of China’s population vaccinated, the crucial issue of whether to relax quarantine and containment measu...

sources

NHC: 新冠病毒疫苗接种情况

UDN.com: 港學者：新冠病毒會長期流行料無機會清零

The Paper: 新冠抗体检测该不该做？业界专家有异议，技术瓶颈待破解

November 17, 2021

Plenum endorses Xi’s new economic playbook

The moment we have all been waiting for has arrived. Late on Tuesday, the Party dropped the “Resolution of the Central Committee of the Communist Party of China on the Major Achievements and Historical Experience of the Party over its Century of Struggle.” The resolution was approved at the conclus…

The moment we have all been waiting for has arrived.
Late on Tuesday, the Party dropped the “Resolution of the Central Committee of the Communist Party of China on the Major Achievements and Historical Experience of the Party over its Century of Struggle.”

The resolution was approved at the conclus...

sources

Xinhua: （受权发布）中共中央关于党的百年奋斗重大成就和历史经验的决议

Xinhua: （受权发布）习近平：关于《中共中央关于党的百年奋斗重大成就和历史经验的决议》的说明

Xinhua: Full Text: Resolution of the CPC Central Committee on the Major Achievements and Historical Experience of the Party over the Past Century

Xinhua: Full Text: Xi's explanation of resolution on major achievements and historical experience of CPC over past century

November 17, 2021

Beijing’s big data supermarket trials blockchain-based trading

On Friday, Beijing’s big data exchange issued its first blockchain transaction contract. It also welcomed the first batch of service providers on the platform. Background: Launched in March, the state-backed Beijing International Big Data Exchange aims to be a centralized “data mall” where b…

On Friday, Beijing's big data exchange issued its first blockchain transaction contract.

It also welcomed the first batch of service providers on the platform.

Background: Launched in March, the state-backed Beijing International Big Data Exchange aims to be a centralized "data mall" where b...

sources

Sina: 携手多家银行落地金融服务北京大数据交易所推出首个区块链数字交易合约

November 17, 2021

Quick stats: App crackdown totals

Oh boy, a crackdown retrospective. Yesterday, at a press conference, MIIT reps tallied up the total number of apps that have been investigated, issued warnings, and removed from app stores since 2019. The numbers: 2.44 million apps have been reviewed 2049 apps were notified of violations an…

Oh boy, a crackdown retrospective.
Yesterday, at a press conference, MIIT reps tallied up the total number of apps that have been investigated, issued warnings, and removed from app stores since 2019. The numbers:

2.44 million apps have been reviewed
2049 apps were notified of violations an...

sources

People.cn: 工信部答人民网：目前已下架540款拒不整改APP

November 17, 2021

Crypto crime = crypto time

On Monday, 17 people pleaded guilty to crypto fraud in a Jiangsu court. What happened: The defendants had defrauded 47 victims out of RMB 6 million by urging them to invest in a crypto exchange through WeChat groups. Sentences ranged from 3 to 11 years, with fines totaling RMB 2 million.&nbsp…

On Monday, 17 people pleaded guilty to crypto fraud in a Jiangsu court.
What happened: The defendants had defrauded 47 victims out of RMB 6 million by urging them to invest in a crypto exchange through WeChat groups.
Sentences ranged from 3 to 11 years, with fines totaling RMB 2 million. ...

sources

Hongze Court: 洪泽法院公开宣判一起以“区块链”名义实施的诈骗案

November 17, 2021

14th Five-Year Plan for ICT

Yesterday, MIIT released the 14th Five Year Plan (FYP) for the Information and Communications Industry. The big picture: The document lays out ambitious targets to upgrade the foundational ICT infrastructure necessary to support an increasingly digitized nation. By 2025, MIIT aims to increase the:…

Yesterday, MIIT released the 14th Five Year Plan (FYP) for the Information and Communications Industry.
The big picture: The document lays out ambitious targets to upgrade the foundational ICT infrastructure necessary to support an increasingly digitized nation.
By 2025, MIIT aims to increase the:...

sources

MIIT: 工业和信息化部关于印发“十四五”信息通信行业发展规划的通知

MIIT: 《“十四五”信息通信行业发展规划》解读

November 17, 2021

The MoST growth

Last week, Zhang Guangjun became the newest vice minister at the Ministry of Science and Technology (MoST). Background: Since August, the State Council has expanded the number of senior officials at MoST. The ministry now has six vice ministers, instead of four. So who is Zhang Guangjun? An eng…

The ministry now has six vice ministers, instead of four.

So who is Zhang Guangjun?

An eng...

sources

Caixin: 人事观察｜中央候补委员张广军任科技部副部长

Sohu: 瞭望 | 东南大学校长张广军：瞄准未来30年的“东大作为”

Gov.cn: 国务院任免

November 17, 2021

SAMR addresses anti-trust again

On Friday, market regulator SAMR published a response to a citizen’s suggestion on regulating community group buying. Background: Most of China’s regulatory agencies accept feedback and questions from the public. When feedback is regarded as important enough, the agency formally releases an open re…

On Friday, market regulator SAMR published a response to a citizen's suggestion on regulating community group buying.
Background: Most of China's regulatory agencies accept feedback and questions from the public. When feedback is regarded as important enough, the agency formally releases an open re...

sources

SAMR: 对十三届全国人大四次会议第1735号建议的答复

November 17, 2021

Sharing the wealth

On Tuesday, Yicai reported that China Evergrande Group Chairman and founder Xu Jiayin has been selling his personal assets and using the proceeds to help Evergrande pay its bills. Citing unnamed sources, Yicai said that Xu has been selling assets since July 1. He’s injected RMB 7 billion into his c…

On Tuesday, Yicai reported that China Evergrande Group Chairman and founder Xu Jiayin has been selling his personal assets and using the proceeds to help Evergrande pay its bills.

Citing unnamed sources, Yicai said that Xu has been selling assets since July 1.
He's injected RMB 7 billion into his c...

sources

Yicai: 许家印变卖个人资产，已为恒大注入超70亿续命资金

November 17, 2021

All I want for Christmas is coal

On Tuesday, Executive Vice Premier Han Zheng spoke on the energy supply and winter heating. The good news: Han reiterated that the power crunch has largely stabilized since the government took the reigns in early-mid October. Coal inventory at power plants recovered from two weeks’ to three weeks’ …

On Tuesday, Executive Vice Premier Han Zheng spoke on the energy supply and winter heating.
The good news: Han reiterated that the power crunch has largely stabilized since the government took the reigns in early-mid October.

Coal inventory at power plants recovered from two weeks' to three weeks' ...

sources

Gov.cn: 韩正出席今冬明春保暖保供工作电视电话会议并讲话

The Paper: 韩正：继续增加电煤和天然气供给，推动具备增产潜力企业释放产能

November 17, 2021

An elegant internet for a more civilized digital age

Yesterday, the CAC held a presser to tease the first-ever China Cyber Civilization Conference. The conference opens in Beijing on November 19. Background: On September 14, released “Guiding Opinions on Strengthening the Construction of Network Civilization.” The Opinions called on the the gover…

Yesterday, the CAC held a presser to tease the first-ever China Cyber Civilization Conference.

The conference opens in Beijing on November 19.

Background: On September 14, released “Guiding Opinions on Strengthening the Construction of Network Civilization.”

The Opinions called on the the gover...

sources

SCIO: 国新办举行首届中国网络文明大会新闻发布会图文实录

Party School of the CPC Central Committee: 中共中央办公厅国务院办公厅印发《关于加强网络文明建设的意见》

November 17, 2021

Once, twice, three times a listing

On Tuesday, the Chinese Securities Regulatory Commission (CSRC) approved Beijing and Massachusetts-based biotech firm BeiGene for listing on the Shanghai Stock Exchange Science and Technology Innovation Board (STAR Market). BeiGene is apparently loco for listings: The company is already traded on t…

The company is already traded on t...

sources

Caixin: 百济神州科创板IPO获证监会通过将成首家三地上市药企

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