string(13) "markets-macro"

Macro

May 28, 2021

Marxism done right

On Thursday, Xi also shansong’ed off a congratulatory letter to the World Symposium for Marxist Political Parties. ICYMI: Marxism runs deep in China – especially amongst its leaders. The event itself was an international affair: The symposium hosted around 70 representatives from 58 politi… Username Password Remember Me Forgot Password

On Thursday, Xi also shansong’ed off a congratulatory letter to the World Symposium for Marxist Political Parties.
ICYMI: Marxism runs deep in China – especially amongst its leaders.
The event itself was an international affair: The symposium hosted around 70 representatives from 58 politi...

sources

Xinhua: 习近平向世界马克思主义政党理论研讨会致贺信

China Daily: Marxist parties urged to strive for progress of humankind

May 28, 2021

It’s all about communication

On Thursday, Xi Jinping sent his heartfelt congratulations to China Daily on its 40th anniversary. Some context: Founded in 1981, China Daily is China’s first national English-language daily newspaper. It has quite the reach: The print edition of the paper has a circulation of 700,000, wh…

On Thursday, Xi Jinping sent his heartfelt congratulations to China Daily on its 40th anniversary.
Some context: Founded in 1981, China Daily is China’s first national English-language daily newspaper.
It has quite the reach:

The print edition of the paper has a circulation of 700,000, wh...

sources

People.cn: 习近平致信祝贺中国日报创刊40周年

Xinhua: Xi Focus: Xi calls on China Daily to promote exchange between China and world

May 27, 2021

Big data, big deal

On Wednesday, Vice Premier Liu He spoke at the opening ceremony of the 2021 China International Big Data Industry Expo. This event is gigantic: According to organizers, the 2019 edition attracted 400 companies, 20,000 guests, and 120,000 visitors. Pft. Nerds. It’s also a Big Deal. Liu re…

On Wednesday, Vice Premier Liu He spoke at the opening ceremony of the 2021 China International Big Data Industry Expo.
This event is gigantic: According to organizers, the 2019 edition attracted 400 companies, 20,000 guests, and 120,000 visitors.

Pft. Nerds.

It’s also a Big Deal. Liu re...

sources

People.cn: China sees data as a critical economic resource for its development

May 27, 2021

NPCSC to review Data Security Law

You know what time it is? It’s legislature time. The next National People’s Congress Standing Committee (NPCSC) meeting will be held on June 7-10. NPCSC Chairman Li Zhanshu announced the dates on Wednesday, along with a chunky list of legislation that will be up for consideration or review. We kno…

You know what time it is? It’s legislature time.
The next National People’s Congress Standing Committee (NPCSC) meeting will be held on June 7-10.

NPCSC Chairman Li Zhanshu announced the dates on Wednesday, along with a chunky list of legislation that will be up for consideration or review.

We kno...

sources

Xinhua: 栗战书主持召开十三届全国人大常委会第九十四次委员长会议决定十三届全国人大常委会第二十九次会议6月7日至10日在京举行

NPC Observer: NPCSC Session Watch: Data Security, Legal Aid, Workplace Safety, Vocational Education & More

May 27, 2021

Making life fair for the little guys

On Wednesday, Premier Li Keqiang did his thing, presiding over a weekly State Council meeting. On the agenda (again): Market fairness. Big companies unsurprisingly remain a key target: Li wants regulators to deepen anti-monopoly and anti-unfair competition enforcement. He drew specific at…

On Wednesday, Premier Li Keqiang did his thing, presiding over a weekly State Council meeting.
On the agenda (again): Market fairness.
Big companies unsurprisingly remain a key target: Li wants regulators to deepen anti-monopoly and anti-unfair competition enforcement.

He drew specific at...

sources

Xinhua: 李克强主持召开国务院常务会议

Gov.cn: 市场监管总局等四部门关于进一步推进公平竞争审查工作的通知

May 27, 2021

Xi racks up the phone bills

On Wednesday, Xi Jinping went on a telethon with his counterparts around the globe. First on Xi’s call list: Spain. Xi hopes Spain and China can (Xinhua 1): “[F]irmly grasp the general direction of the comprehensive strategic partnership, properly control differences, and maintain the ba…

On Wednesday, Xi Jinping went on a telethon with his counterparts around the globe.
First on Xi’s call list: Spain.
Xi hopes Spain and China can (Xinhua 1):

“[F]irmly grasp the general direction of the comprehensive strategic partnership, properly control differences, and maintain the ba...

sources

Xinhua: 习近平同西班牙首相桑切斯通电话

Xinhua: 习近平同黑山总统久卡诺维奇通电话

Xinhua: 习近平同尼泊尔总统班达里通电话

May 27, 2021

Tencent stays ahead of regulations

On Wednesday, Caixin reported that Tencent is looking to restructure its fintech business into a financial holding company. The setup will allow regulators to better monitor the company’s financial risk. ICYMI: Ant Group has already started this restructuring process. There’s no surprise here…

On Wednesday, Caixin reported that Tencent is looking to restructure its fintech business into a financial holding company.

The setup will allow regulators to better monitor the company’s financial risk.

ICYMI: Ant Group has already started this restructuring process.
There’s no surprise here...

sources

The Motley Fool: Tencent Holding Ltd. (TCEHY) Q4 2020 Earnings Call Transcript

Caixin: Exclusive: Tencent Ordered to Set Up Financial Holding Company

May 27, 2021

Call me maybe?

On Wednesday, Vice Premier Liu He held a phone call with US Trade Representative (USTR) Katherine Tai. Some context: This is the first time the two countries’ top trade negotiators have spoken with each other since US President Joe Biden took office. The official readouts didn’t offer much deta…

On Wednesday, Vice Premier Liu He held a phone call with US Trade Representative (USTR) Katherine Tai.
Some context: This is the first time the two countries’ top trade negotiators have spoken with each other since US President Joe Biden took office.
The official readouts didn’t offer much deta...

sources

MofCom: 刘鹤与美贸易代表戴琪通话

USTR: Readout of Ambassador Tai’s Virtual Meeting With Vice Premier of China Liu He

Reuters: U.S. trade chief Tai says U.S. faces ‘very large challenges’ on China

SCMP: US-China trade war: top negotiators hold ‘candid and constructive’ talks, first of Joe Biden presidency

May 26, 2021

It’s the final countdown

There’s just one more month to go… Carbon emissions trading trials are officially underway. More than 30 companies participated in opening trials over the course of last week. Lai Xiaoming, the chairman of the Shanghai Environment and Energy Exchange (SEEE), shared the news on Saturday, indi…

There’s just one more month to go…
Carbon emissions trading trials are officially underway.

More than 30 companies participated in opening trials over the course of last week.

Lai Xiaoming, the chairman of the Shanghai Environment and Energy Exchange (SEEE), shared the news on Saturday, indi...

sources

Gov.cn: Carbon trading trials gain traction in China

May 26, 2021

NDRC issues action plan on pricing

On Tuesday, the National Development and Reform Commission (NDRC) issued an action plan aimed at better shaping and influencing the way various things get priced in China’s economy. Quick take: It’s not much of an action plan – more of a laundry list of upcoming price reform agendas, touching o…

On Tuesday, the National Development and Reform Commission (NDRC) issued an action plan aimed at better shaping and influencing the way various things get priced in China’s economy.
Quick take: It’s not much of an action plan – more of a laundry list of upcoming price reform agendas, touching o...

sources

Gov.cn: 国家发展改革委有关负责同志就《“十四五”时期深化价格机制改革行动方案》答记者问

NDRC: 国家发展改革委关于“十四五”时期深化价格机制改革行动方案的通知

May 26, 2021

Wang Yi appeals to/chastises EU

Foreign Minister Wang Yi got some things off his chest on Tuesday. The venue: A video address to the Munich Security Conference. Some context: Last week, the EU Parliament halted ratification of the EU-China Comprehensive Agreement on Investment (CAI) pending Beijing lifting sanction…

Foreign Minister Wang Yi got some things off his chest on Tuesday.
The venue: A video address to the Munich Security Conference.
Some context: Last week, the EU Parliament halted ratification of the EU-China Comprehensive Agreement on Investment (CAI) pending Beijing lifting sanction...

sources

Gov.cn: 王毅：中方认为合作是中欧关系的大方向，双方是伙伴而非对手

Gov.cn: 王毅：践行真正的多边主义，警惕“伪多边主义”

Politico: China tells Europe: You know what a genocide looks like

May 26, 2021

Campaigning for your heart

Listen up kids: It’s (Party) history time. It all began in 1921, and China was in a shambles. Luckily, 13 dudes met up in Shanghai’s French Concession and decided to do something about it. Fast forward about 100 years, and those dudes and their successors have managed to: Kick out a slew…

Listen up kids: It’s (Party) history time.
It all began in 1921, and China was in a shambles.
Luckily, 13 dudes met up in Shanghai’s French Concession and decided to do something about it.
Fast forward about 100 years, and those dudes and their successors have managed to:

Kick out a slew...

sources

People.cn: 中办印发《通知》在全社会开展党史、新中国史、改革开放史、社会主义发展史宣传教育

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