string(13) "markets-macro"

Macro

March 19, 2021

Business environmentalists

On Thursday, the Ministry of Commerce (MofCom) held a presser on the outlook for foreign investment in China. In a nutshell: Things are set to get more complicated for foreign companies. Some context: The National Development and Reform Commission’s 2021 work plan – released during the Two… Username Password Remember Me Forgot Password

On Thursday, the Ministry of Commerce (MofCom) held a presser on the outlook for foreign investment in China.
In a nutshell: Things are set to get more complicated for foreign companies.
Some context: The National Development and Reform Commission’s 2021 work plan – released during the Two...

sources

MofCom: 商务部召开例行新闻发布会（2021年3月18日）

National Business Daily: 商务部回应外商投资安全审查：聚焦军工等领域，不会给正常外国投资者和企业增加不必要负担

China Daily: Ministry: Rules on foreign investment set to safeguard national security

March 19, 2021

Northern Implosure

Well, that didn’t go well. China’s top diplomat, Yang Jiechi, along with Foreign Minister Wang Yi, touched down in Alaska on Thursday for a two-day meeting with US Secretary of State Anthony Blinken and National Security Advisor Jake Sullivan. It’s the first meeting between top officials from the t…

Well, that didn’t go well.
China’s top diplomat, Yang Jiechi, along with Foreign Minister Wang Yi, touched down in Alaska on Thursday for a two-day meeting with US Secretary of State Anthony Blinken and National Security Advisor Jake Sullivan.

It’s the first meeting between top officials from the t...

sources

US Department of State: Secretary Antony J. Blinken, National Security Advisor Jake Sullivan, Chinese Director of the Office of the Central Commission for Foreign Affairs Yang Jiechi And Chinese State Councilor Wang Yi At the Top of Their Meeting

March 18, 2021

Low temperatures, low expectations

With top US and Chinese officials set to meet in Alaska just hours from now, speculation has swirled about possible outcomes from the summit. We now have an inkling of what Beijing wants to achieve. On Wednesday, the Wall Street Journal reported that China wants to turn back the clock: “[Th…

With top US and Chinese officials set to meet in Alaska just hours from now, speculation has swirled about possible outcomes from the summit.

We now have an inkling of what Beijing wants to achieve.

On Wednesday, the Wall Street Journal reported that China wants to turn back the clock:

“[Th...

sources

WSJ: China Plans to Ask U.S. to Roll Back Trump Policies in Alaska Meeting

Chinese Embassy in the United States: Ambassador Cui Tiankai Takes an Interview in Anchorage (English Translation of the Transcript)

March 18, 2021

Common prosperity more commonly proffered

On Wednesday, Executive Vice Premier Han Zheng held a symposium on implementing the 14th Five Year Plan (FYP). Han listed his three priorities for getting the 14th FYP off to a good start, namely: “Promoting high-quality development.” “Ensuring progress on common prosperity.” “Establishing a c…

On Wednesday, Executive Vice Premier Han Zheng held a symposium on implementing the 14th Five Year Plan (FYP).
Han listed his three priorities for getting the 14th FYP off to a good start, namely:

“Promoting high-quality development.”
“Ensuring progress on common prosperity.”
“Establishing a c...

March 18, 2021

Wang Yang tours Xinjiang

On Wednesday, Chinese People’s Political Consultative Conference (CPPCC) Chairman Wang Yang wrapped up a six-city, four-day inspection tour of Xinjiang. His mission: Touting national unity and stability. Wang praised local leadership (Xinhua 2): “[He] acknowledged Xinjiang’s achievements …

On Wednesday, Chinese People’s Political Consultative Conference (CPPCC) Chairman Wang Yang wrapped up a six-city, four-day inspection tour of Xinjiang.
His mission: Touting national unity and stability.
Wang praised local leadership (Xinhua 2):

“[He] acknowledged Xinjiang’s achievements ...

sources

Xinhua: 汪洋在新疆调研时强调完整准确贯彻新时代党的治疆方略进一步夯实新疆社会稳定和长治久安基础

Xinhua: Top political advisor stresses enduring stability in Xinjiang

March 18, 2021

I pledge allegiance to… who?

Xi Jinping loves it when officials swear allegiance. Newly appointed senior officials got together for an annual oath-swearing at Zhongnanhai on Wednesday. The 36 officials – who recently joined departments and units under the State Council – swore their allegiance to China’s constitution. Some co…

Xi Jinping loves it when officials swear allegiance.
Newly appointed senior officials got together for an annual oath-swearing at Zhongnanhai on Wednesday.

The 36 officials – who recently joined departments and units under the State Council – swore their allegiance to China’s constitution.

Some co...

sources

Gov.cn: 国务院举行宪法宣誓仪式李克强总理监誓

March 16, 2021

China’s vaccination struggles

On Monday, the State Council’s COVID-19 Joint Prevention and Control Mechanism held a press conference with updates on the progress of its vaccination campaign. The key stats: As of March 14, China had administered 64.98 million vaccine doses, up from 52 million doses on February 28. That amounts t…

On Monday, the State Council’s COVID-19 Joint Prevention and Control Mechanism held a press conference with updates on the progress of its vaccination campaign.
The key stats:

As of March 14, China had administered 64.98 million vaccine doses, up from 52 million doses on February 28.
That amounts t...

sources

Gov.cn: 国务院联防联控机制权威发布（2021年3月15日）文字实录

Reuters: Analysis: China’s ambitious COVID-19 vaccination plan to test its production capability

March 16, 2021

Anti-corruption drive digs deeper

We’ve been jonesing over here at Trivium HQ. Having binged on chunky policy docs during the Two Sessions, we were starting to go into withdrawal after the proceedings wrapped up last week. Lucky for us, on Tuesday, People’s Daily released the full transcript of anti-corruption czar Zhao Le…

We’ve been jonesing over here at Trivium HQ.
Having binged on chunky policy docs during the Two Sessions, we were starting to go into withdrawal after the proceedings wrapped up last week.
Lucky for us, on Tuesday, People’s Daily released the full transcript of anti-corruption czar Zhao Le...

sources

People.cn: 推动新时代纪检监察工作高质量发展以优异成绩庆祝中国共产党成立100周年

March 16, 2021

Do more with less

On Monday, Premier Li Keqiang did his thing – chairing the routine State Council executive meeting. On the agenda: With the Two Sessions wrapped up, Li and his posse used the meeting to plan how to implement tasks laid out in the annual Government Work Report. Supporting the continued economic …

On Monday, Premier Li Keqiang did his thing – chairing the routine State Council executive meeting.
On the agenda: With the Two Sessions wrapped up, Li and his posse used the meeting to plan how to implement tasks laid out in the annual Government Work Report.
Supporting the continued economic ...

sources

Gov.cn: 李克强主持召开国务院常务会确定《政府工作报告》重点任务分工

March 16, 2021

Xi’s big plans for new energy

Monday’s CCFEA meeting didn’t just talk about the platform economy. Also on the agenda: Green and low-carbon development. Xi Jinping said that green development is a fundamental concern: “It concerns the sustainable development of the Chinese people.” According to the meeting readout, the aut…

Monday’s CCFEA meeting didn’t just talk about the platform economy.
Also on the agenda: Green and low-carbon development.
Xi Jinping said that green development is a fundamental concern:

“It concerns the sustainable development of the Chinese people.”

According to the meeting readout, the aut...

sources

Gov.cn: 习近平主持召开中央财经委员会第九次会议

March 16, 2021

Xi’s big tech reveal

On Monday, Xi Jinping indicated that the state will further tighten its grip over big tech. What happened: Xi chaired a meeting of the Central Commission of Financial and Economic Affairs (CCFEA). Some context: The CCFEA is the Party’s top body for deliberating economic strategies. I…

On Monday, Xi Jinping indicated that the state will further tighten its grip over big tech.
What happened: Xi chaired a meeting of the Central Commission of Financial and Economic Affairs (CCFEA).
Some context: The CCFEA is the Party’s top body for deliberating economic strategies. I...

sources

Gov.cn: 习近平主持召开中央财经委员会第九次会议

March 16, 2021

Deep dive | Anticipating Alaska: Biden’s First Eight Weeks of China Policy

Top US and Chinese foreign policy officials are set to meet in Alaska on Thursday – the first such high-level meeting since the beginning of the Biden administration. In anticipation of the meeting, we thought it would be a good time for another Trivium Deep Dive– to preview expectat…

Top US and Chinese foreign policy officials are set to meet in Alaska on Thursday – the first such high-level meeting since the beginning of the Biden administration.
In anticipation of the meeting, we thought it would be a good time for another Trivium Deep Dive– to preview expectat...

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