string(13) "markets-macro"

Macro

July 26, 2021

Nine years not in Tibet

It only took nine years. Late last week, Xi Jinping finally visited Tibet – his first recorded trip to the region since taking over the Party in 2012. Some context: By our count, Xi has conducted close to 100 domestic visits in the past nine years. To be fair: Xi’s predecessor Hu Jintao didn’t visit…… Read More »

It only took nine years.
Late last week, Xi Jinping finally visited Tibet – his first recorded trip to the region since taking over the Party in 2012.
Some context: By our count, Xi has conducted close to 100 domestic visits in the past nine years.
To be fair: Xi’s predecessor Hu Jintao didn’t visit...

sources

Gov.cn: 这在党和国家历史上是第一次——记习近平作为中共中央总书记、国家主席、中央军委主席到西藏庆祝西藏和平解放70周年并进行考察调研

Al-Jazeera: China’s Xi urges people in Tibet to ‘follow party’ in rare visit

July 26, 2021

At the center of the storm

On Thursday, the Party Central Committee and the State Council published a set of “Guiding Opinions on Promoting High-Quality Development of the Central Region in the New Era.” Some context: The Politburo reviewed this document – which outlines a set of long-term development priorities for the regio…

On Thursday, the Party Central Committee and the State Council published a set of "Guiding Opinions on Promoting High-Quality Development of the Central Region in the New Era."
Some context: The Politburo reviewed this document – which outlines a set of long-term development priorities for the regio...

sources

Gov.cn: 中共中央国务院关于新时代推动中部地区高质量发展的意见

July 26, 2021

The sanctions two-step

On Friday, the Ministry of Foreign Affairs (MoFA) announced retaliatory sanctions on six Americans and one pro-democracy organization. Some context: On July 16, the White House released an advisory warning American businesses against operating in Hong Kong. More context: In that same press release, …

On Friday, the Ministry of Foreign Affairs (MoFA) announced retaliatory sanctions on six Americans and one pro-democracy organization.
Some context: On July 16, the White House released an advisory warning American businesses against operating in Hong Kong.
More context: In that same press release, ...

sources

The Paper: 外交部：中方决定对7个美方人员和实体实施制裁

Bloomberg: China Sanctions Wilbur Ross, Others Over U.S. Hong Kong Warning

July 26, 2021

COVID-19 infections break out in Nanjing and beyond

In the past week, China reported an uptick in domestically transmitted COVID-19 infections, due to a new outbreak taking root in Nanjing, capital of Jiangsu province. From last Monday to Sunday, China reported: 92 new domestically transmitted confirmed cases, up from 16 in the previous 7-day period…

92 new domestically transmitted confirmed cases, up from 16 in the previous 7-day period...

sources

NHC: 截至7月25日24时新型冠状病毒肺炎疫情最新情况

Jiangsu Government: 截至7月24日24时江苏新型冠状病毒肺炎疫情最新情况

The Paper: 南京本土新冠确诊病例增至75例，另有本土无症状感染13例

The Paper: 关联5省6市、感染66人，南京禄口机场疫情传播链再延长

The Paper: 东部机场集团“一把手”冯军被停职，原董事长钱凯法重出代理

July 26, 2021

Cyber biohazards

On Wednesday, the National Internet Emergency Response Center (CNCERT) published its 2020 cybersecurity report. Some context: Released annually since 2004, the report is a 250-page beast that takes a comprehensive look at the domestic cyber threat environment. It presents stats on topics suc…

On Wednesday, the National Internet Emergency Response Center (CNCERT) published its 2020 cybersecurity report.
Some context: Released annually since 2004, the report is a 250-page beast that takes a comprehensive look at the domestic cyber threat environment.

It presents stats on topics suc...

sources

CNCERT: China Internet Cyber Security Report 2020

Zhong Lun: 健康医疗企业IPO数据合规重点问题与应对

July 26, 2021

Reeling EdTech sector scrambles for solutions

On Saturday, the Party and the State Council released a policy document bringing in broad limits on the private tutoring sector – including mandating that companies re-register as non-profits. The move will reshape China’s EdTech industry, say executives at leading companies in the sector (Caixin): …

On Saturday, the Party and the State Council released a policy document bringing in broad limits on the private tutoring sector – including mandating that companies re-register as non-profits.
The move will reshape China's EdTech industry, say executives at leading companies in the sector (Caixin):
...

sources

Caixin: 教培“双减”新政落地新东方跌幅破纪录

MOE: 坚决贯彻中央决策部署深入推进“双减”工作——教育部有关负责人就《关于进一步减轻义务教育阶段学生作业负担和校外培训负担的意见》答记者问

July 26, 2021

Shanghai hikes mortgage rates

On Friday, multiple domestic financial media reported that the interest rates on home mortgages in Shanghai have gone up. The Shanghai branch of the People’s Bank of China reportedly met with local banks on Friday morning to arrange the hike. According to bankers, home buyers, and real estate agen…

On Friday, multiple domestic financial media reported that the interest rates on home mortgages in Shanghai have gone up.

The Shanghai branch of the People’s Bank of China reportedly met with local banks on Friday morning to arrange the hike.

According to bankers, home buyers, and real estate agen...

sources

21st Century Biz: 上海房贷利率上浮：部分大行首套利率调整至5%，二套5.7%

July 26, 2021

Rebuilding trust

On Friday, Anxin Trust – one of China’s most troubled trust companies – published further details about its restructuring plan. The deets: Anxin plans to raise RMB 9.01 billion by issuing new shares to a conglomerate formed by a group of Shanghai state-owned firms. After the sale, the conglomerate …

On Friday, Anxin Trust – one of China’s most troubled trust companies – published further details about its restructuring plan.
The deets: Anxin plans to raise RMB 9.01 billion by issuing new shares to a conglomerate formed by a group of Shanghai state-owned firms.

After the sale, the conglomerate ...

sources

Caixin: 安信信托重组落定：定增募资90亿元与中行、信保基金债务和解

July 26, 2021

More policy tightening for the property market

We don’t see regulators’ strict approach toward the property sector loosening anytime soon. On Friday, eight government agencies jointly issued a notice promising to clean up irregularities in the property market over the next three years, via: Better cross-jurisdictional coordination Harsher punis…

We don't see regulators' strict approach toward the property sector loosening anytime soon.
On Friday, eight government agencies jointly issued a notice promising to clean up irregularities in the property market over the next three years, via:

Better cross-jurisdictional coordination
Harsher punis...

sources

Gov.cn: 韩正出席加快发展保障性租赁住房和进一步做好房地产市场调控工作电视电话会议并讲话

Gov.cn: 住房和城乡建设部等8部门关于持续整治规范房地产市场秩序的通知

Xinhua: 住房和城乡建设部等8部门：持续开展整治规范房地产市场秩序

July 26, 2021

NDRC trying to meet peak power demand

On Friday, the National Development and Reform Commission (NDRC) issued a broad policy document aimed at ensuring China can meet peak power demand for the rest of the summer. Some context: Many regions are facing energy shortage risks due to a combination of high temperatures and fuel supply disrupt…

On Friday, the National Development and Reform Commission (NDRC) issued a broad policy document aimed at ensuring China can meet peak power demand for the rest of the summer.
Some context: Many regions are facing energy shortage risks due to a combination of high temperatures and fuel supply disrupt...

sources

NDRC: 关于做好2021年能源迎峰度夏工作的通知

July 26, 2021

SAMR turns down the music

The antitrust probe into Tencent Music is finally coming to an end. On Saturday, the antitrust watchdog (SAMR) concluded its six-month review of Tencent’s acquisition of China Music Corporation (CMC), now Tencent Music. This case marks the first tech M&A review that resulted in a remedy t…

The antitrust probe into Tencent Music is finally coming to an end.
On Saturday, the antitrust watchdog (SAMR) concluded its six-month review of Tencent’s acquisition of China Music Corporation (CMC), now Tencent Music.

This case marks the first tech M&A review that resulted in a remedy t...

sources

SAMR: 市场监管总局依法对腾讯控股有限公司作出责令解除网络音乐独家版权等处罚

Caixin: 腾讯音乐遭反垄断罚款网络音乐独家版权时代结束

July 26, 2021

A death blow to shadow schooling

On Monday, the bloodbath continued for Chinese education companies’ HK-listed stocks – and we expect those listed on US exchanges to follow. Behind the nosedive: A policy document released by the Party Central Committee and the State Council on reducing educational burdens over the weekend. The doc…

On Monday, the bloodbath continued for Chinese education companies’ HK-listed stocks – and we expect those listed on US exchanges to follow.
Behind the nosedive: A policy document released by the Party Central Committee and the State Council on reducing educational burdens over the weekend.
The doc...

sources

Gov.cn: 中共中央办公厅国务院办公厅印发《关于进一步减轻义务教育阶段学生作业负担和校外培训负担的意见》

Source:

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162