string(13) "markets-macro"

Macro

November 1, 2021

Jia You!

Anyone who’s ever attended a competition in China will know jia you – literally meaning “add oil” – is the most popular way to cheer on the home team. On Sunday, the reserves manager (NFSRA) had some cheery, oily news for a sputtering economy. Diesel and gasoline from state reserves will soon be rel… Username… Read More »

Anyone who's ever attended a competition in China will know jia you – literally meaning "add oil" – is the most popular way to cheer on the home team.
On Sunday, the reserves manager (NFSRA) had some cheery, oily news for a sputtering economy.
Diesel and gasoline from state reserves will soon be rel...

sources

Bloomberg: China Will Release Road Fuels From Reserves to Ease Shortage

S&P Global: Crude oil futures dip amid weak Chinese data, release of state reserves

November 1, 2021

Blockchain standardization committee inaugurated

On Friday, the first national Blockchain and Distributed Ledger Technology Standardization Committee held its first meeting. At the head of the table: Deputy Minister of MIIT, Wang Zhujin. What the committee will do: Tech Daily readers will remember that last week, the China Electronics …

On Friday, the first national Blockchain and Distributed Ledger Technology Standardization Committee held its first meeting.
At the head of the table: Deputy Minister of MIIT, Wang Zhujin.
What the committee will do: Tech Daily readers will remember that last week, the China Electronics ...

sources

MIIT: 王志军出席第一届全国区块链和分布式记账技术标准化技术委员会成立大会暨第一次全体委员会议

November 1, 2021

Big techs sign NFT “self-regulation” pact

On Sunday, Ant Group’s AntChain, Tencent Cloud, and JD Technology signed a “self-regulation” pact for NFTs. What it is: A public promise to use blockchain to support the development of national culture, and end speculation and money laundering. Who else signed it: The National Copyright Trading Ce…

On Sunday, Ant Group’s AntChain, Tencent Cloud, and JD Technology signed a “self-regulation” pact for NFTs.
What it is: A public promise to use blockchain to support the development of national culture, and end speculation and money laundering.
Who else signed it: The National Copyright Trading Ce...

sources

AntChain: 数字文创行业自律公约正式发布

November 1, 2021

Government taps blockchain companies to combat NFT speculation

On Friday, Yifan He, CEO of Red Date Technology, said the government has been putting pressure on the blockchain sector to find a solution to the NFT speculation problem. Who? Red Date is the tech firm that built the BSN, one of China’s key state-backed blockchain networks. Recap: NFTs sit at the …

On Friday, Yifan He, CEO of Red Date Technology, said the government has been putting pressure on the blockchain sector to find a solution to the NFT speculation problem.
Who? Red Date is the tech firm that built the BSN, one of China’s key state-backed blockchain networks. Recap: NFTs sit at the ...

sources

Coindesk: BSN Architect Red Date to Launch NFT Infrastructure in China

November 1, 2021

ByteDance take a bite out of 996

Today, ByteDance took a major step towards ending brutal 996 working hours by announcing it will require employees to end their work days by 7pm. Our take: Tech workers are protesting online, labor authorities have issued warnings, the courts have called the 996 illegal… it was only a matter of tim…

Today, ByteDance took a major step towards ending brutal 996 working hours by announcing it will require employees to end their work days by 7pm.
Our take: Tech workers are protesting online, labor authorities have issued warnings, the courts have called the 996 illegal… it was only a matter of tim...

sources

Bloomberg: TikTok Owner ByteDance Mandates Shorter Working Hours

November 1, 2021

China applies to join DEPA

Today, China formally applied to join the “Digital Economy Partnership Agreement (DEPA).” What’s the DEPA? An international framework established in June 2020 under which members work to facilitate end-to-end digital trade, enable trusted data flows, and build trust in digital systems. That includ…

Today, China formally applied to join the "Digital Economy Partnership Agreement (DEPA)."
What’s the DEPA? An international framework established in June 2020 under which members work to facilitate end-to-end digital trade, enable trusted data flows, and build trust in digital systems.
That includ...

sources

MofCom: 中方正式提出申请加入《数字经济伙伴关系协定》（DEPA）

November 1, 2021

Kuaishou co-founder steps down

Last Friday, short video app Kuaishou announced that its co-founder Su Hua has become the latest tech billionaire to step down as CEO. He will no longer be involved in day-to-day company operations, but he will remain chairman, focusing on the company’s long-term strategies. Our take: Though sever…

Last Friday, short video app Kuaishou announced that its co-founder Su Hua has become the latest tech billionaire to step down as CEO.
He will no longer be involved in day-to-day company operations, but he will remain chairman, focusing on the company’s long-term strategies.
Our take: Though sever...

sources

WSJ: Chinese Video Platform Kuaishou Says CEO Steps Down

November 1, 2021

SAMR launches experimental data platform to monitor “administrative monopolies”

Last week, the Zhejiang branch of SAMR launched an experimental big data platform to monitor “administrative monopolies” in Wenling and Lishui municipalities. What the platform does: It helps SAMR determine if local government departments are abusing power by releasing policies that exte…

Last week, the Zhejiang branch of SAMR launched an experimental big data platform to monitor "administrative monopolies" in Wenling and Lishui municipalities.
What the platform does: It helps SAMR determine if local government departments are abusing power by releasing policies that exte...

sources

People.cn: “浙江公平在线”新功能试点可对行政垄断实施预警

November 1, 2021

MSS celebrates 7th anniversary of Anti-Espionage Law

On Sunday, the fun-loving folks over at the Ministry of State Security commemorated the 7th anniversary of the release of China’s Anti-Espionage Law. How did those wild party animals celebrate, you ask? By releasing details on three recent cases of compromised national data. Case 1: A foreign inte…

On Sunday, the fun-loving folks over at the Ministry of State Security commemorated the 7th anniversary of the release of China’s Anti-Espionage Law.
How did those wild party animals celebrate, you ask? By releasing details on three recent cases of compromised national data.
Case 1: A foreign inte...

sources

People.cn: 国家安全部公布三起危害重要数据安全案例

November 1, 2021

Cross-border brokerages are in even more trouble

Two weeks ago, we flagged that trouble was brewing for online cross-border brokerages. Recap: Tiger Brokers and FUTU were recently called out for potentially being in violation of new cross-border data security rules. However, it’s not just their data security practices that are attracti…

Two weeks ago, we flagged that trouble was brewing for online cross-border brokerages.
Recap: Tiger Brokers and FUTU were recently called out for potentially being in violation of new cross-border data security rules.
However, it’s not just their data security practices that are attracti...

sources

Caixin: 跨境互联网券商被指非法金融活动富途、老虎盘前再大跌

October 30, 2021

Deep dive | Global Supply Chain Angst: The View from Beijing (part 2)

Supply chain resilience: applying the strategies This is part 2 of our two-part series on China’s response to global supply chain uncertainty and its strategic approach to dealing with advanced economies’ pursuit of supply chain diversification. You can find part 1 here. To recap last week’s c…

Supply chain resilience: applying the strategies
This is part 2 of our two-part series on China’s response to global supply chain uncertainty and its strategic approach to dealing with advanced economies’ pursuit of supply chain diversification. You can find part 1 here.
To recap last week’s c...

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162