string(13) "markets-macro"

Macro

August 31, 2021

Xi pushes tech anti-monopoly drive

Yesterday, at a meeting of the Central Commission for Comprehensively Deepening Reform (CCCDR) – the Party’s top policymaking body – Xi Jinping sounded pretty pleased with the way the anti-monopoly push is going. And, he expects it to keep going. “It is necessary to speed up the est… Username Password Remember Me Forgot Password

“It is necessary to speed up the est...

sources

news.cn: 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

MIIT: 习近平主持召开中央全面深化改革委员会会议：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

August 30, 2021

New plan tackles employment

On Friday, the State Council dropped the 14th Five-Year Plan for Promoting Employment. Good news for you: We have looked through the plan and compared it with the 13th Five-Year Plan for Promoting Employment. Here’s what we found: First, the most recent plan evinces a lot more worry about China’s em…

On Friday, the State Council dropped the 14th Five-Year Plan for Promoting Employment.
Good news for you: We have looked through the plan and compared it with the 13th Five-Year Plan for Promoting Employment.
Here's what we found:
First, the most recent plan evinces a lot more worry about China's em...

sources

Gov.cn: 国务院关于印发 “十四五”就业促进规划的通知

August 30, 2021

Getting COVID under control

Over the past week, the COVID-19 situation in China improved further. From last Monday to Sunday, China reported (NHC): 11 new domestically transmitted infections, down from 29 in the previous week Some context: Of those 11 new domestic cases last week, there were: Three in Shanghai Two in Yangzh…

Over the past week, the COVID-19 situation in China improved further.
From last Monday to Sunday, China reported (NHC):

11 new domestically transmitted infections, down from 29 in the previous week

Some context: Of those 11 new domestic cases last week, there were:

Three in Shanghai
Two in Yangzh...

sources

NHC: 截至8月29日24时新型冠状病毒肺炎疫情最新情况

Gov.cn: 广东省文化和旅游厅：即日起恢复跨省团队旅游

Sina: 广州恢复跨省旅游团组业务，KTV、棋牌室等场所将有序开放

Jiangsu Government: 23日起离宁不再查验核酸检测证明

The Paper: 湖南张家界今日8时起拆除所有交通卡口，有序恢复公共交通

The Paper: 郑州全面恢复市区巡游出租汽车及网约车运营

August 30, 2021

The blood of the nation is thicker than the water of the womb

On Saturday, the central conference on ethnic affairs wrapped in Beijing. This conference is a Big Deal: All seven Politburo Standing Committee members were in attendance. Xi Jinping told the meeting that all ethnic groups must feel part of the national family (Xinhua 2): “Forging the sense of comm…

On Saturday, the central conference on ethnic affairs wrapped in Beijing.
This conference is a Big Deal: All seven Politburo Standing Committee members were in attendance.
Xi Jinping told the meeting that all ethnic groups must feel part of the national family (Xinhua 2):

“Forging the sense of comm...

sources

Xinhua: 习近平在中央民族工作会议上强调以铸牢中华民族共同体意识为主线推动新时代党的民族工作高质量发展李克强主持栗战书王沪宁赵乐际韩正出席汪洋讲话

Xinhua: Xi Focus: Xi stresses high-quality development of Party's work on ethnic affairs

August 30, 2021

Wang and Blinken confer on Afghanistan

No weekends off in a world crisis. On Sunday, Foreign Minister Wang Yi had a phone call with US Secretary of State Antony Blinken. Their conversation centered around – what else – Afghanistan. Some context: This is Wang and Blinken’s second powwow on Afghanistan in as many weeks. Wang had a teeny-…

No weekends off in a world crisis.
On Sunday, Foreign Minister Wang Yi had a phone call with US Secretary of State Antony Blinken.

Their conversation centered around – what else – Afghanistan.

Some context: This is Wang and Blinken’s second powwow on Afghanistan in as many weeks.
Wang had a teeny-...

sources

MoFA: 王毅同美国国务卿布林肯通电话

US State Department: Secretary Blinken’s Call with People’s Republic of China State Councilor and Foreign Minister Wang Yi

SCMP: China reminds US of its obligations to Afghanistan as deadline for withdrawal looms

August 30, 2021

Is your algorithm up to code?

To the regulatory frontier and beyond! On Friday, China’s cyberspace regulator (CAC) published revolutionary draft rules governing algorithmic recommendation engines. The rules are a world first. They address algorithm regulation in ways that data policy frontrunners like the EU have not. What’s so…

To the regulatory frontier and beyond!
On Friday, China's cyberspace regulator (CAC) published revolutionary draft rules governing algorithmic recommendation engines.
The rules are a world first. They address algorithm regulation in ways that data policy frontrunners like the EU have not.
What's so...

sources

CAC: 国家互联网信息办公室关于《互联网信息服务算法推荐管理规定（征求意见稿）》公开征求意见的通知

August 30, 2021

MOF promises more SPB approvals

On Friday, the Ministry of Finance (MoF) again signaled that it will accelerate approval of local governments’ special purposed bonds (SPBs) issuance between now the end of the year. In a report on the implementation of fiscal policy over the first half of 2021, MoF said it will: “Moderately speed …

On Friday, the Ministry of Finance (MoF) again signaled that it will accelerate approval of local governments’ special purposed bonds (SPBs) issuance between now the end of the year.
In a report on the implementation of fiscal policy over the first half of 2021, MoF said it will:

“Moderately speed ...

sources

MoF: 2021年上半年中国财政政策执行情况报告

August 30, 2021

MoF wants to accelerate local government bond issuance

On Friday, the Ministry of Finance (MoF) held its mid-year meeting and outlined priorities for H2 Most of MoF’s to-do list was standard stuff like: Promoting high-quality development Deepening supply-side structural reform Enhancing the effectiveness of fiscal policy Focusing on supporting the real…

On Friday, the Ministry of Finance (MoF) held its mid-year meeting and outlined priorities for H2
Most of MoF’s to-do list was standard stuff like:

Promoting high-quality development
Deepening supply-side structural reform
Enhancing the effectiveness of fiscal policy
Focusing on supporting the real...

sources

MoF: 2021年上半年中国财政政策执行情况报告

Source:

August 30, 2021

Back in black!

The wait is over! On Sunday, China Huarong Asset Management Co. published its 2020 earnings. It also issued its earnings report for the first half of 2021. Some context: Huarong’s Hong Kong-listed shares have been suspended since the end of March after the company failed to publish its 2020 earnin…

The wait is over!
On Sunday, China Huarong Asset Management Co. published its 2020 earnings.

It also issued its earnings report for the first half of 2021.

Some context: Huarong’s Hong Kong-listed shares have been suspended since the end of March after the company failed to publish its 2020 earnin...

sources

HKEX: 2021 Interim Results Announcement

HKEX: 2020 Annual Results Announcement Of China Huarong

August 30, 2021

Real news only

On Friday, The Cyberspace Administration of China (CAC) announced yet another target in its wide-ranging, multifaceted crackdown: financial “we media.” A quick definition: “We media” – also known as “self media” – refers to reporting or commentary made by individual internet users, not affiliated wi…

On Friday, The Cyberspace Administration of China (CAC) announced yet another target in its wide-ranging, multifaceted crackdown: financial “we media.”
A quick definition: “We media” – also known as "self media" – refers to reporting or commentary made by individual internet users, not affiliated wi...

sources

Caixin: 商业网站和财经自媒体违规采编将被清理关停

August 30, 2021

Coal gets smarter

We welcome our new robot…underlords? Shaanxi Coal and Chemical Industry Group – China’s fourth largest miner – is implementing a bunch of “smart mining” upgrades, according to industry media coverage on Friday. A quick definition: “Smart” coal mining technology includes stuff like: Installi…

We welcome our new robot...underlords?
Shaanxi Coal and Chemical Industry Group – China’s fourth largest miner – is implementing a bunch of “smart mining” upgrades, according to industry media coverage on Friday.
A quick definition: “Smart” coal mining technology includes stuff like:

Installi...

sources

International Coal Network: 陕煤集团2022年底前所有采煤工作面实现智能化开采

August 30, 2021

Next reserve metal auctions announced

On Friday, the National Food and Strategic Reserves Administration (NFSRA) announced it will hold its third round of copper, zinc, and aluminum auctions on September 1. Some context: The NFSRA announced back in mid-June that it would auction nonferrous metals from state reserves on a monthly basis t…

On Friday, the National Food and Strategic Reserves Administration (NFSRA) announced it will hold its third round of copper, zinc, and aluminum auctions on September 1.
Some context: The NFSRA announced back in mid-June that it would auction nonferrous metals from state reserves on a monthly basis t...

sources

21st Century Biz: 国家物资储备调节中心：将投放国家储备铜3万吨、铝7万吨、锌5万吨

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