string(13) "markets-macro"

Macro

October 14, 2021

Bandwidth guidance

Today, the MIIT published a guide regulating bandwidth frequencies for 2400MHz, 5100MHz, and 5800MHz. What it’s for: The guide aims to better allocate the frequency resources for 5G, IoT, and Beidou satellites so that they won’t interfere with adjacent frequency bands used by LAN, Bluetooth, and ot… Username Password Remember Me Forgot Password

Today, the MIIT published a guide regulating bandwidth frequencies for 2400MHz, 5100MHz, and 5800MHz.
What it’s for: The guide aims to better allocate the frequency resources for 5G, IoT, and Beidou satellites so that they won’t interfere with adjacent frequency bands used by LAN, Bluetooth, and ot...

sources

MIIT: 工业和信息化部《关于加强和规范2400MHz、5100MHz和5800MHz频段无线电管理有关事宜的通知》解读

October 14, 2021

Brokerage apps in trouble

Today, state mouthpiece People’s Daily ran a headline article pointing out that cross-border online brokerage firms Tiger Brokers and FUTU are at risk of cross-border data compliance violations under the Personal Information Protection Law (PIPL). Background: The PIPL requires the personal informat…

Today, state mouthpiece People’s Daily ran a headline article pointing out that cross-border online brokerage firms Tiger Brokers and FUTU are at risk of cross-border data compliance violations under the Personal Information Protection Law (PIPL).
Background: The PIPL requires the personal informat...

sources

People.cn: 财经观察：个人信息保护法施行在即，跨境互联网券商何去何从？

October 14, 2021

There’s a new education boss in town

Listen up class. On Monday, Huai Jinpeng was appointed Party boss of the Ministry of Education (MoE). Why that’s interesting: The timing of Huai’s appointment. Huai is now Beijing’s point man leading the share-shattering crackdown on China’s private tutoring sector. A little about Huai: Huai is a…

Listen up class.
On Monday, Huai Jinpeng was appointed Party boss of the Ministry of Education (MoE).
Why that’s interesting: The timing of Huai’s appointment.

Huai is now Beijing’s point man leading the share-shattering crackdown on China's private tutoring sector.

A little about Huai:

Huai is a...

sources

MOE: 怀进鹏同志简历

October 14, 2021

Looking beefier every day

What decoupling? China’s imports of US agricultural products look set to break historic records this year. The deets: The US Department of Agriculture just updated its forecasts to project that ag exports to China will total USD 35 billion this fiscal year. That would be almost USD 10 billion…

What decoupling?
China’s imports of US agricultural products look set to break historic records this year.
The deets:

The US Department of Agriculture just updated its forecasts to project that ag exports to China will total USD 35 billion this fiscal year.
That would be almost USD 10 billion...

sources

SF: China headed for record purchases of US ag exports

SCMP: US frozen beef exports to China surge, adding to Canberra-Beijing tensions but boosting trade deal

October 14, 2021

MEEting out punishment

On Wednesday, the Ministry of Ecology and Environment (MEE) announced it had dispatched environmental supervision units to conduct inspections across five provinces. The lucky locales: Jilin Shandong Hubei Guangdong Sichuan Some context: Xi Jinping personally created the inspection teams in 2015 t…

On Wednesday, the Ministry of Ecology and Environment (MEE) announced it had dispatched environmental supervision units to conduct inspections across five provinces.
The lucky locales:

Jilin
Shandong
Hubei
Guangdong
Sichuan

Some context: Xi Jinping personally created the inspection teams in 2015 t...

sources

MEE: 第二轮第四批中央生态环境保护督察全面启动

Reuters: China to send environmental inspectors to five provinces, two metal firms

October 14, 2021

Ministries push more support for brick-and-mortar business

Exec Sum: Ministries push more support for brick-and-mortar business On Thursday, six administrative agencies issued a notice calling on financial institutions to better support offline business. The bodies in question: The People’s Bank of China The Ministry of Commerce The Ministry of Finance The…

Exec Sum: Ministries push more support for brick-and-mortar business
On Thursday, six administrative agencies issued a notice calling on financial institutions to better support offline business.
The bodies in question:

The People’s Bank of China
The Ministry of Commerce
The Ministry of Finance
The...

sources

21st Century Biz: 商务部等部门：进一步加大对线下零售、住宿餐饮、外资外贸等受疫情持续影响企业的定向支持

Reuters: China urges financial support for retail, catering, trading firms

October 14, 2021

The greater good

Han Wenxiu, deputy director of the Central Commission for Financial and Economic Affairs (CCFEA), was keen to clear up confusion around China’s anti-monopoly crackdown at a Thursday presser. Some context: The CCFEA is the Party’s top body for deliberating economic strategies. In case you’ve been liv…

Han Wenxiu, deputy director of the Central Commission for Financial and Economic Affairs (CCFEA), was keen to clear up confusion around China’s anti-monopoly crackdown at a Thursday presser.
Some context: The CCFEA is the Party’s top body for deliberating economic strategies.
In case you’ve been liv...

sources

Yicai: 中央财办韩文秀：整治规范互联网平台一视同仁，不针对民企外企

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