string(13) "markets-macro"

Macro

April 1, 2021

Chemical giants mega-merge

It’s official – Sinochem and ChemChina are merging. On Tuesday, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) announced the approval of a merger between the two state-owned chemical giants. There’s no name yet – but we think SinoChemChina is pretty ca… Username Password Remember Me Forgot Password

There’s no name yet – but we think SinoChemChina is pretty ca...

sources

SASAC: 中国中化集团有限公司与中国化工集团有限公司实施联合重组

Caixin: “两化”重组落定总资产1.58万亿

April 1, 2021

Snip snip, more tax cuts

Red tape wasn’t the only thing getting cut at Wednesday’s State Council meeting. Premier Li Keqiang also announced preferential tax policies to support small- and micro-enterprises, and self-employed individuals. Some context: The State Council just announced more tax benefits for companies con…

Red tape wasn’t the only thing getting cut at Wednesday’s State Council meeting.
Premier Li Keqiang also announced preferential tax policies to support small- and micro-enterprises, and self-employed individuals.
Some context: The State Council just announced more tax benefits for companies con...

sources

Gov.cn: 李克强主持召开国务院常务会议推出深化“放管服”改革新举措等

April 1, 2021

Li Keqiang: Gig Economist

On Wednesday, Premier Li Keqiang did his thing, presiding over the State Council’s weekly executive meeting. This week, Li returned to one of his favorite topics: Cutting red tape for businesses Some of Li’s suggestions for reducing bureaucratic burdens were familiar, including: Reducing the numb…

On Wednesday, Premier Li Keqiang did his thing, presiding over the State Council’s weekly executive meeting.
This week, Li returned to one of his favorite topics:

Cutting red tape for businesses

Some of Li’s suggestions for reducing bureaucratic burdens were familiar, including:

Reducing the numb...

sources

Gov.cn: 李克强主持召开国务院常务会议推出深化“放管服”改革新举措等

Gov.cn: China to take new steps to further transform government functions and invigorate market entities

April 1, 2021

Gain the courage and strength to advance

On Thursday, Qiushi, the Party’s top theoretical journal, published remarks by Xi Jinping from the launch of the Party history education campaign back in February. Xi’s message was simple (Qiushi): “We review history not to seek reassurance from success…but to gain the courage and strengt…

“We review history not to seek reassurance from success…but to gain the courage and strengt...

sources

Qiushi: 在党史学习教育动员大会上的讲话

March 31, 2021

Carbon rulez

On Tuesday, the Ministry of Ecology and Environment (MEE) released a draft revision of the “Interim Regulations on the Management of Carbon Emissions Trading.” We know what you’re thinking. Isn’t this doc just a set of more detailed implementation measures largely similar to the administrative meas…

On Tuesday, the Ministry of Ecology and Environment (MEE) released a draft revision of the “Interim Regulations on the Management of Carbon Emissions Trading.”
We know what you’re thinking.

Isn’t this doc just a set of more detailed implementation measures largely similar to the administrative meas...

sources

MEE: 关于公开征求《碳排放权交易管理暂行条例（草案修改稿）》意见的通知

Economic Observer: 《碳排放权交易管理暂行条例》再次征求意见：现存地方市场将逐步纳入全国市场、国家建立碳排放交易基金

March 31, 2021

NEA’s 2025 vision for renewables

At a presser on Tuesday, top officials from the National Energy Administration (NEA) straightened out some questions re: China’s plans for renewable energy development. Some context: Last December, Xi Jinping pledged that by 2030 non-fossil fuels will account for approximately 25% of China’s to…

At a presser on Tuesday, top officials from the National Energy Administration (NEA) straightened out some questions re: China’s plans for renewable energy development.
Some context: Last December, Xi Jinping pledged that by 2030 non-fossil fuels will account for approximately 25% of China’s to...

sources

SCIO: 国新办举行中国可再生能源发展有关情况发布会

March 31, 2021

Xi’s battles against baddies continue

Xi Jinping is not stopping in his fight to take on all “bad elements” of Chinese society. That was the message from China’s top law enforcement official, Guo Shengkun, on Monday. Some context: Guo’s announcement followed a ceremony hosted by Xi Jinping to celebrate the end of a three-year campaign…

Xi Jinping is not stopping in his fight to take on all “bad elements” of Chinese society.

That was the message from China’s top law enforcement official, Guo Shengkun, on Monday.

Some context: Guo’s announcement followed a ceremony hosted by Xi Jinping to celebrate the end of a three-year campaign...

sources

Xinhua: 扫黑除恶从专项斗争转向常态化开展未来怎么做？

People.cn: 如何常态化开展扫黑除恶斗争？这场大会指明方向

The Paper: 常态化开展扫黑除恶斗争，中央要成立全国领导小组及其办公室

March 31, 2021

Kneecapping Hong Kong democracy

On Tuesday, the NPCSC, China’s top legislative body, officially approved changes to Hong Kong’s electoral system. Some context: The changes were put forward earlier this month at the Two Sessions. As expected, this pretty much cuts the legs out from under Hong Kong’s opposition. The details:&…

On Tuesday, the NPCSC, China’s top legislative body, officially approved changes to Hong Kong’s electoral system.

Some context: The changes were put forward earlier this month at the Two Sessions.

As expected, this pretty much cuts the legs out from under Hong Kong’s opposition.
The details:&...

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SCMP: Hong Kong electoral revamp: December date for Legislative Council polls, key role for new chief convenor overseeing committee

SCMP: Hong Kong electoral changes: ‘small group of people’ to make up powerful vetting committee

People's Daily: “修改完善香港选举制度是对香港民主制度的优化和发展”

People's Daily: “修订香港基本法附件一附件二具有十分重要深远的意义”

March 31, 2021

Boosting the middle of the Middle Kingdom

On Tuesday, Xi Jinping gathered his favorite guys and gal for the monthly Politburo meeting. Top of the agenda: Reviewing a set of “Guiding Opinions on Promoting High-Quality Development of the Central Region in the New Era.” Some context: Like most geographic regions in China, what consti…

On Tuesday, Xi Jinping gathered his favorite guys and gal for the monthly Politburo meeting.
Top of the agenda: Reviewing a set of “Guiding Opinions on Promoting High-Quality Development of the Central Region in the New Era.”
Some context: Like most geographic regions in China, what consti...

sources

Xinhua: 中共中央政治局召开会议审议《关于新时代推动中部地区高质量发展的指导意见》中共中央总书记习近平主持会议

March 29, 2021

The early bird gets the eggs

Vaccination progress in China has been slow thus far. Now that is starting to change. On Monday, health authorities announced that (NHC): As of March 28, China had administered a total of 106.61 million vaccine doses. That’s up from 74.96 million doses on March 20. That is a BIG acceleration….

Vaccination progress in China has been slow thus far.
Now that is starting to change.
On Monday, health authorities announced that (NHC):

As of March 28, China had administered a total of 106.61 million vaccine doses.
That’s up from 74.96 million doses on March 20.

That is a BIG acceleration....

sources

NHC: 国务院联防联控机制2021年3月28日新闻发布会文字实录

NHC: 全国新冠病毒疫苗接种情况

The Beijing News: 总金额超2亿元，大兴完成两针新冠疫苗接种市民可领优惠消费券

Sohu: 大兴区累计接种新冠疫苗80.8万人！接种覆盖水平达到80%

March 29, 2021

Can you protect me from yourself?

On Wednesday, China’s Renmin University and the UK’s Durham University co-hosted a conference on China’s Personal Data Protection Law. Some context: The draft of China’s first personal information protection law made its debut last October. The law will be important in laying the foundation of…

On Wednesday, China’s Renmin University and the UK’s Durham University co-hosted a conference on China’s Personal Data Protection Law.
Some context: The draft of China’s first personal information protection law made its debut last October.

The law will be important in laying the foundation of...

sources

21st Century Biz: 个人信息保护法的待解难题，如何约束规范国家机关对信息的收集处理

Renmin University of China: 中英个人信息保护法研讨会在人大法学院成功举办

March 29, 2021

How to not get demoted, Party style

On Sunday, the General Office of the CCP dropped new trial rules on “organizational punishments” for leading officials. Here’s a sampling of the types of stuff that could land a cadre in hot water under the new rules(Gov.cn): Showing disloyalty on major principles Having insufficient belief in Marx…

On Sunday, the General Office of the CCP dropped new trial rules on “organizational punishments” for leading officials.
Here’s a sampling of the types of stuff that could land a cadre in hot water under the new rules(Gov.cn):

Showing disloyalty on major principles
Having insufficient belief in Marx...

sources

Gov.cn: 中办印发《中国共产党组织处理规定（试行）》

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