string(13) "markets-macro"

Macro

September 2, 2021

Workers of big tech, unite

On Wednesday, Didi and JD.com announced they will establish labor unions on behalf of their employees. Recap: We saw this one coming back in July, when eight government bodies released opinions on how platform companies should improve protections for workers engaged in “new forms of employment.” On… Username Password Remember Me Forgot Password

On Wednesday, Didi and JD.com announced they will establish labor unions on behalf of their employees.
Recap: We saw this one coming back in July, when eight government bodies released opinions on how platform companies should improve protections for workers engaged in "new forms of employment."
On...

sources

Gov.cn: 人力资源社会保障部国家发展改革委交通运输部应急部市场监管总局国家医保局最高人民法院全国总工会关于维护新就业形态劳动者劳动保障权益的指导意见

September 2, 2021

Regulators x-nay cutthroat competition

Ooooh, someone’s in troooubblllee. Today, a veritable phalanx of regulators – including the Ministry of Transport, the police, SAMR, MIIT, and the CAC – called 11 ride-hailing companies in for a stern talk. Recap: Since Didi was ordered to stop registering new users pending the results of the cyber…

Ooooh, someone’s in troooubblllee.
Today, a veritable phalanx of regulators – including the Ministry of Transport, the police, SAMR, MIIT, and the CAC – called 11 ride-hailing companies in for a stern talk.
Recap: Since Didi was ordered to stop registering new users pending the results of the cyber...

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SCMP: Beijing orders ride-hailing firms to end ‘vicious competition’ as Didi Chuxing’s cybersecurity investigation continues

Jiemian: 五部门联合约谈滴滴出行等11家网约车平台公司

September 1, 2021

Southwest China and the Secretive Chamber

There’s something happening here, but what it is ain’t exactly clear. On Monday, representatives of the Chengdu-based American Chamber of Commerce in Southwest China (AmCham Southwest) announced to their members via WeChat that they were suspending operations, effective immediately. By way of expla…

There’s something happening here, but what it is ain’t exactly clear.
On Monday, representatives of the Chengdu-based American Chamber of Commerce in Southwest China (AmCham Southwest) announced to their members via WeChat that they were suspending operations, effective immediately.

By way of expla...

sources

Reuters: China shuts American Chamber of Commerce in Chengdu, organisation says

SCMP: AmCham in southwest China suspends operations at ‘48 hours’ notice’

September 1, 2021

My world’s on fire, how ‘bout yours?

On Tuesday, US special climate envoy John Kerry touched down in Tianjin. Kerry will be in town until Friday and is slated to meet with his Chinese counterpart Xie Zhenhua ahead of the COP 26 UN Climate Change Conference in November. Some context: Kerry and Xie first met in their capacities as clim…

On Tuesday, US special climate envoy John Kerry touched down in Tianjin.

Kerry will be in town until Friday and is slated to meet with his Chinese counterpart Xie Zhenhua ahead of the COP 26 UN Climate Change Conference in November.

Some context: Kerry and Xie first met in their capacities as clim...

sources

SCMP: China, US to discuss curbing emissions, fossil fuels in Tianjin talks

China Daily: Chinese, US envoys to discuss climate change

September 1, 2021

Corporate China trying to figure out common prosperity

“Common prosperity” (CP) is not just a Party slogan. It’s become a buzzword for the business community over the past two weeks. Some context: CP is the codename for the Party’s income equalization program. More context: Xi Jinping signaled that he’s deadly serious about this issue at a top Party eco…

“Common prosperity" (CP) is not just a Party slogan. It's become a buzzword for the business community over the past two weeks.
Some context: CP is the codename for the Party’s income equalization program.
More context: Xi Jinping signaled that he's deadly serious about this issue at a top Party eco...

sources

Sina: 腾讯宣布再次增加500亿元资金启动“共同富裕专项计划”

Sina: 上万员工分享37亿元股票！为了共同富裕，2200亿汽车巨头“放大招”

September 1, 2021

Halfway point for law enforcement cleanup campaign

On Monday, Secretary-general of the Central Political and Legal Affairs Commission (PLAC) Chen Yixin shared some fun stats from the nationwide campaign to clean up China’s judiciary and law enforcement bodies. ICYMI: This “education and rectification” campaign kicked off in July last year, in a few …

On Monday, Secretary-general of the Central Political and Legal Affairs Commission (PLAC) Chen Yixin shared some fun stats from the nationwide campaign to clean up China’s judiciary and law enforcement bodies.
ICYMI: This “education and rectification” campaign kicked off in July last year, in a few ...

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Caijing: 公安系统9.6万干警被处理处分，近八成涉有案不立、压案不查

September 1, 2021

Getting tough on copyright infringement

The State Administration for Market Regulation (SAMR) is soliciting feedback on a proposed amendment to the E-Commerce Law. The amendment is related to the part of the law that requires platform companies to respond quickly to credible reports of copyright infringement by merchants on their platfor…

The State Administration for Market Regulation (SAMR) is soliciting feedback on a proposed amendment to the E-Commerce Law.
The amendment is related to the part of the law that requires platform companies to respond quickly to credible reports of copyright infringement by merchants on their platfor...

sources

SAMR: 市场监管总局关于公开征求《关于修改〈中华人民共和国电子商务法〉的决定（征求意见稿）》意见的公告

Xinhua: 习近平主持召开中央全面深化改革委员会第二十一次会议强调加强反垄断反不正当竞争监管力度完善物资储备体制机制深入打好污染防治攻坚战李克强王沪宁韩正出席

September 1, 2021

Sixth Plenum to discuss Party history

Let’s make some history. On Tuesday, the Politburo met and decided that the sixth plenum of the current Central Committee (the 19th) will be held in November. Some context: The Central Committee’s annual plenums are the most important political gatherings of the year. They are where the Party …

Let's make some history.
On Tuesday, the Politburo met and decided that the sixth plenum of the current Central Committee (the 19th) will be held in November.
Some context: The Central Committee’s annual plenums are the most important political gatherings of the year. They are where the Party ...

sources

Xinhua: 中共中央政治局召开会议决定召开十九届六中全会审议《关于十九届中央第七轮巡视情况的综合报告》中共中央总书记习近平主持会议

September 1, 2021

Beefing up Xinghuo

CAICT’s government blockchain project, Xinghuo Chain, is getting a little bit bigger. Today, the Zhongguancun Blockchain Industry Alliance kicked off a round of procurement, calling for suppliers to build out more Xinghuo Chain backbone nodes. Background: Xinghuo Chain is the architecture that wil…

CAICT’s government blockchain project, Xinghuo Chain, is getting a little bit bigger.
Today, the Zhongguancun Blockchain Industry Alliance kicked off a round of procurement, calling for suppliers to build out more Xinghuo Chain backbone nodes.
Background: Xinghuo Chain is the architecture that wil...

sources

CAICT: 中关村区块链产业联盟开展“星火•链网”骨干节点供应商遴选工作

September 1, 2021

Speaking of cybersecurity

Today, our absolute favorite standards committee, TC260, released a list of the technical standards projects it aims to complete in 2021. Background: This document kicks off standardization work by assigning projects to their respective working groups. The summary: Quite a few of the new standards…

Today, our absolute favorite standards committee, TC260, released a list of the technical standards projects it aims to complete in 2021.
Background: This document kicks off standardization work by assigning projects to their respective working groups.
The summary: Quite a few of the new standards...

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TC260: 全国信息安全标准化技术委员会关于2021年网络安全标准项目立项的通知

September 1, 2021

Approved big data pilots

Man, we just love it when the MIIT publishes big, meaty lists Today’s gem: the list of 225 approved pilot projects for the development of the big data industry in 2021. What jumps out: a clear focus on big data projects related to energy. That includes wind, electricity, coal, oil, gas, and hydro…

Man, we just love it when the MIIT publishes big, meaty lists
Today’s gem: the list of 225 approved pilot projects for the development of the big data industry in 2021.
What jumps out: a clear focus on big data projects related to energy.

That includes wind, electricity, coal, oil, gas, and hydro...

sources

MIIT: 2021年大数据产业发展试点示范项目名单公示

September 1, 2021

Mitigating celeb obsession

Today, Douyin announced it has begun implementing changes to its platform to comply with new CAC regulations on mitigating celebrity obsession. Background: Last week, the cyberspace watchdog promised to come down hard on companies that encourage star-chasing and influencer worship. Douyin is banni…

Today, Douyin announced it has begun implementing changes to its platform to comply with new CAC regulations on mitigating celebrity obsession.
Background: Last week, the cyberspace watchdog promised to come down hard on companies that encourage star-chasing and influencer worship.
Douyin is banni...

sources

Jiemian: 抖音进一步加强“饭圈”乱象专项整治：下线明星爱豆榜和明星话题榜

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