string(13) "markets-macro"

Macro

September 13, 2021

Das Ende einer Epocher

A toast to eine geschätzte Kollegin. On Friday, Xi held his likely last call with Chancellor Merkel, two weeks ahead of the German election to determine her successor. Their chat came just after Xi’s call with US President Biden. And the contrast in feeling couldn’t have been clearer. Xi to Biden: “… Username Password Remember… Read More »

A toast to eine geschätzte Kollegin.
On Friday, Xi held his likely last call with Chancellor Merkel, two weeks ahead of the German election to determine her successor.
Their chat came just after Xi's call with US President Biden.
And the contrast in feeling couldn't have been clearer.
Xi to Biden: "...

sources

CCTV: 习近平同德国总理通电话

SCMP: Angela Merkel and Xi Jinping discuss ‘close economic ties’ in likely last official call together

September 13, 2021

Eeny, meenie, miny, Tuya Smart

On Friday, US Senators Macro Rubio, Rick Scott, and Tom Cotton called for Chinese IoT platform Tuya Smart to be added to the list of “Non-SDN Chinese Military-Industrial Complex Companies.” Addition to the list would force Tuya off the New York Stock Exchange, where it listed in March. It’s the …

On Friday, US Senators Macro Rubio, Rick Scott, and Tom Cotton called for Chinese IoT platform Tuya Smart to be added to the list of “Non-SDN Chinese Military-Industrial Complex Companies."

Addition to the list would force Tuya off the New York Stock Exchange, where it listed in March.

It's the ...

sources

SCMP: US senators want Tencent-backed Internet of Things firm Tuya sanctioned, calling the Chinese platform a security threat

September 13, 2021

CAD development

Today, state media ran an article about the recent launch of China’s first domestically-developed, state-supported CAD software, CrownCAD. Li Peigen, an academician at the Chinese Academy of Engineering, said that China has broken the monopoly of imported 3D modeling solutions: “It has the advanta…

Today, state media ran an article about the recent launch of China's first domestically-developed, state-supported CAD software, CrownCAD.
Li Peigen, an academician at the Chinese Academy of Engineering, said that China has broken the monopoly of imported 3D modeling solutions:

"It has the advanta...

sources

ST Daily: 有望打破国外软件垄断新国产系统将CAD搬上云端

September 13, 2021

Pure network culture ecosystem

On Saturday, a gaggle of entertainment platforms signed up to the China Performance Industry Association’s nimbly-named “Self-discipline Convention on the Construction of a Clear and Pure Network Culture Ecosystem.” Who joined: The whole China video, music, and news tech gang, including Tencent Vid…

On Saturday, a gaggle of entertainment platforms signed up to the China Performance Industry Association’s nimbly-named "Self-discipline Convention on the Construction of a Clear and Pure Network Culture Ecosystem."
Who joined: The whole China video, music, and news tech gang, including Tencent Vid...

sources

Caixin: 互联网公司号召反“唯流量至上” 整顿明星八卦、粉丝对骂

September 13, 2021

Headlines can be misleading

On Monday morning, the Financial Times reported that the Chinese government will “break up Ant’s Alipay and force the creation of [a] separate loans app.” Sounds dramatic, but there’s less here than meets the eye. What’s actually going on: Ant will indeed have to repackage its two lending services,…

On Monday morning, the Financial Times reported that the Chinese government will “break up Ant’s Alipay and force the creation of [a] separate loans app.”
Sounds dramatic, but there’s less here than meets the eye.
What's actually going on: Ant will indeed have to repackage its two lending services,...

sources

Financial Times: Beijing to break up Ant’s Alipay and force creation of separate loans app

September 13, 2021

Plan-a-palooza

It’s not just robotics that’s getting the five-year plan treatment — MIIT Minister Xiao Yaqing says we’re in for a veritable plan-a-palooza this year. At a State Information Office Press conference today, Xiao said the ministry is in the process of formulating a long list of sci-tech FYPs. While t…

It's not just robotics that's getting the five-year plan treatment — MIIT Minister Xiao Yaqing says we're in for a veritable plan-a-palooza this year.
At a State Information Office Press conference today, Xiao said the ministry is in the process of formulating a long list of sci-tech FYPs.
While t...

sources

SCIO: 国新办举行“推进制造强国网络强国建设助力全面建成小康社会”发布会

September 13, 2021

Invite to a garden party

Here we go again. Last Thursday, MIIT summoned a bunch of major internet platform companies to a big meeting. All the big names were there: Including Alibaba, Tencent, ByteDance, Baidu, Huawei, Xiaomi, Momo, 360, and NetEase. On the agenda: Hyperlinks. You know, the bits of blue underlined text th…

Here we go again.
Last Thursday, MIIT summoned a bunch of major internet platform companies to a big meeting.
All the big names were there: Including Alibaba, Tencent, ByteDance, Baidu, Huawei, Xiaomi, Momo, 360, and NetEase.
On the agenda: Hyperlinks.

You know, the bits of blue underlined text th...

sources

21st Century Biz: 限期解除屏蔽网址链接！工信部召开行政指导会，阿里、腾讯等企业参会

Sina: 平台屏蔽网址链接或将被处置，阿里腾讯字节会走向“互联互通”吗？

September 13, 2021

Heads up: FYP for robotics is on the way

Get excited: China is in the process of drafting the next five-year plan plan for the development of high-end robotics. That’s according to MIIT Vice Minister Xu Guobin, speaking at a robotics industry conference in Beijing on Saturday. Policy background: The new plan will replace the 2016-2020 …

Get excited: China is in the process of drafting the next five-year plan plan for the development of high-end robotics.

That's according to MIIT Vice Minister Xu Guobin, speaking at a robotics industry conference in Beijing on Saturday.

Policy background: The new plan will replace the 2016-2020 ...

sources

Sina: 中国工业机器人去年装机量占全球44%，正制定机器人“十四五”规划

September 13, 2021

Walled gardens are down, brick by brick

Walled gardens in the Chinese tech ecosystem are coming down brick by brick. On Saturday, news broke that MIIT regulators called big tech reps together for an “Administrative Guidance Meeting on Blocking Website Links.” What they talked about: The practicalities and pitfalls of unblocking links to…

Walled gardens in the Chinese tech ecosystem are coming down brick by brick.
On Saturday, news broke that MIIT regulators called big tech reps together for an "Administrative Guidance Meeting on Blocking Website Links."
What they talked about: The practicalities and pitfalls of unblocking links to...

sources

21jingji.com: 限期解除屏蔽网址链接！工信部召开行政指导会，阿里、腾讯等企业参会

September 13, 2021

More money to reach ecological civilization

Stump up to save China. On Sunday, the Central Committee and State Council issued opinions on improving China’s ecological protection compensation system. Some context: They’re talking about the use of transfer payments or market-based transactions to compensate entities responsible for protecting r…

Stump up to save China.
On Sunday, the Central Committee and State Council issued opinions on improving China’s ecological protection compensation system.
Some context: They're talking about the use of transfer payments or market-based transactions to compensate entities responsible for protecting r...

sources

Xinhua: 中共中央办公厅国务院办公厅印发《关于深化生态保护补偿制度改革的意见》

September 13, 2021

HNA units get new investors

Two of HNA Group’s major listed subsidiaries announced new strategic investors on Sunday. Some context: Tourism and logistics conglomerate HNA has been struggling since 2017, when Beijing cracked down on the firm’s global spending spree. The firm had previously taken on massive amounts of debt to i…

Two of HNA Group’s major listed subsidiaries announced new strategic investors on Sunday.
Some context: Tourism and logistics conglomerate HNA has been struggling since 2017, when Beijing cracked down on the firm’s global spending spree.

The firm had previously taken on massive amounts of debt to i...

sources

SCMP: HNA Group finds strategic investors for airline, airport businesses as conglomerate takes steps to emerge from bankruptcy

September 13, 2021

Evergrande’s WMDs WMPs

On Friday, China Evergrande Group Chairman Xu Jiayin promised to repay everything owed to investors in the developer’s wealth management products (WMPs). Some context: Evergrande Wealth – one of the Evergrande’s subsidiaries – regularly issues WMPs to raise funds for the developer’s projects. …

On Friday, China Evergrande Group Chairman Xu Jiayin promised to repay everything owed to investors in the developer’s wealth management products (WMPs).
Some context: Evergrande Wealth – one of the Evergrande’s subsidiaries – regularly issues WMPs to raise funds for the developer’s projects.

...

sources

Caixin: 恒大财富兑付逾期引发维权许家印承诺“一分钱都不能少”

The Paper: 许家印：恒大遇前所未有困难，但到期财富产品要尽早全部兑付

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