string(13) "markets-macro"

Macro

February 3, 2021

Data dump – the Chinese internet

On Wednesday, the China Internet Network Information Center (CNNIC) released its 47th Statistical Report on Internet Development in China. Some context: The report is released every six months by the CNNIC. It’s the most authoritative source for basic stats on domestic networks and internet use… Username Password Remember Me Forgot Password

On Wednesday, the China Internet Network Information Center (CNNIC) released its 47th Statistical Report on Internet Development in China.
Some context: The report is released every six months by the CNNIC. It’s the most authoritative source for basic stats on domestic networks and internet use...

sources

CNNIC.cn: CNNIC发布第47次《中国互联网络发展状况统计报告》

February 3, 2021

New Party regs seek to stamp out funny business in local Party elections

On Tuesday, three central authorities (CCDI, COD, and NSC) issued a notice calling for strict supervision of local Party committee elections. Some context: The Party issued a similar notice in April 2016 (ahead of the 19th Party Congress) after media reports on several local election scandals. …

On Tuesday, three central authorities (CCDI, COD, and NSC) issued a notice calling for strict supervision of local Party committee elections.
Some context: The Party issued a similar notice in April 2016 (ahead of the 19th Party Congress) after media reports on several local election scandals.
...

sources

People.cn: 严肃换届纪律加强换届风气监督

Xinhua: Authorities stress discipline, due process in local CPC leadership election

Xinhua: 中组部负责人就换届风气监督工作答记者问

February 3, 2021

Hu Chunhua extolls virtues of poverty alleviation survey

On Tuesday, Vice Premier Hu Chunhua chaired a meeting of the National Poverty Alleviation Survey Leading Small Group. Some context: The leading small group was set up last summer to check up on poverty alleviation results and make sure that local officials are telling the truth. Hu was pleased …

On Tuesday, Vice Premier Hu Chunhua chaired a meeting of the National Poverty Alleviation Survey Leading Small Group.
Some context: The leading small group was set up last summer to check up on poverty alleviation results and make sure that local officials are telling the truth.
Hu was pleased ...

sources

Gov.cn: 胡春华强调：确保脱贫攻坚普查取得圆满成功

Xinhua: Vice premier stresses completing anti-poverty census in China

February 3, 2021

Government facilitates labor mobility

On Monday, the National Healthcare Security Administration (NHSA) announced that 15 more provinces will allow cross-provincial settlement of outpatient bills. Some context: That means that a total of 27 out of 31 provinces now allow cross-provincial settlement or outpatient bills. 12 of the 27 prov…

On Monday, the National Healthcare Security Administration (NHSA) announced that 15 more provinces will allow cross-provincial settlement of outpatient bills.
Some context:

That means that a total of 27 out of 31 provinces now allow cross-provincial settlement or outpatient bills.
12 of the 27 prov...

sources

Gov.cn: 全国27省份开展门诊费跨省直接结算试运行

Gov.cn: 中共中央办公厅国务院办公厅印发《建设高标准市场体系行动方案》

February 3, 2021

Dialing down the temperature

On Monday, Executive Vice Premier Han Zheng chaired the first meeting of the China-EU High-level Environment and Climate Dialogue with Executive Vice President of the European Commission Frans Timmermans. Some context: The two sides decided to create the new dialogue in September. More context:…

On Monday, Executive Vice Premier Han Zheng chaired the first meeting of the China-EU High-level Environment and Climate Dialogue with Executive Vice President of the European Commission Frans Timmermans.
Some context: The two sides decided to create the new dialogue in September.
More context:...

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Gov.cn: 韩正同欧盟委员会第一副主席蒂默曼斯举行首次中欧环境与气候高层对话

Xinhua: China, EU hold high-level dialogue on environment, climate

Caixin: China, EU Hold First Climate Dialogue Ahead of U.N. Biodiversity Talks

February 2, 2021

Localities told to be targeted in controlling COVID

China’s COVID-19 outbreak appears under control. On Monday, China added: 12 confirmed cases and seven asymptomatic cases – down from 33 confirmed cases and 10 asymptomatic cases on Sunday. There was also good news from some recent hot spots: Hebei reported no new cases for the first time sin…

China’s COVID-19 outbreak appears under control.
On Monday, China added:

12 confirmed cases and seven asymptomatic cases – down from 33 confirmed cases and 10 asymptomatic cases on Sunday.

There was also good news from some recent hot spots:

Hebei reported no new cases for the first time sin...

sources

Gov.cn: 民政部国家卫生健康委关于进一步提高城乡社区防控精准化精细化水平的通知

Gov.cn: 吉林省卫生健康委关于新型冠状病毒肺炎疫情情况通报（2021年2月2日公布）

Gov.cn: 黑龙江省卫生健康委员会最新疫情通报

February 2, 2021

You can go your own way

On Tuesday, Politburo member and top diplomat Yang Jiechi gave an address via videolink to the National Committee on US-China Relations. Yang’s message: It’s time for the US to change course re: China. Yang criticized the Trump administration’s handling of US-China relations (SCMP): “For …

On Tuesday, Politburo member and top diplomat Yang Jiechi gave an address via videolink to the National Committee on US-China Relations.
Yang’s message: It’s time for the US to change course re: China.
Yang criticized the Trump administration’s handling of US-China relations (SCMP):

“For ...

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SCMP: China’s top diplomat Yang Jiechi tells US not to follow ‘misguided’ Trump policies

CGTN: Live: China’s top diplomat Yang Jiechi speaks on China-U.S. relations

February 2, 2021

MEE smacks down NEA

On Friday, the Ministry of Ecology and Environment (MEE) called out the energy regulator (NEA) for failing to do enough to protect the environment. Some context: The Party has been sending MEE inspectors to check on local enforcement of environmental policies since 2015. The latest round of suc…

On Friday, the Ministry of Ecology and Environment (MEE) called out the energy regulator (NEA) for failing to do enough to protect the environment.
Some context: The Party has been sending MEE inspectors to check on local enforcement of environmental policies since 2015. The latest round of suc...

sources

NEA: 中央第六生态环境保护督察组向国家能源局反馈督察情况

February 2, 2021

Weak PMIs heading into CNY

Over the past two days, the National Bureau of Statistics (NBS) and Caixin released their January manufacturing purchasing manager indexes (PMI). The verdict: Both PMIs showed a slowdown in manufacturing in January. The deets: The Caixin January PMI fell to 51.3, down from 53.0 in December and…

Over the past two days, the National Bureau of Statistics (NBS) and Caixin released their January manufacturing purchasing manager indexes (PMI).
The verdict: Both PMIs showed a slowdown in manufacturing in January.
The deets:

The Caixin January PMI fell to 51.3, down from 53.0 in December and...

sources

Caixin: China’s Manufacturing Recovery Loses Momentum, Caixin PMI Shows

NBS: 2021年1月中国采购经理指数运行情况

February 2, 2021

Xi wants private companies to know who’s boss

On Monday, Xi Jinping met with representatives from the eight democratic parties, experts with no party affiliations, and representatives from the All-China Federation of Industry and Commerce (ACFIC). Xi’s message: Happy Spring Festival! Some context: Xi does this every year. Xi had some …

On Monday, Xi Jinping met with representatives from the eight democratic parties, experts with no party affiliations, and representatives from the All-China Federation of Industry and Commerce (ACFIC).
Xi’s message: Happy Spring Festival!
Some context: Xi does this every year.
Xi had some ...

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Gov.cn: 习近平同党外人士共迎新春

February 1, 2021

Central government tells local governments: no COVID overkill

COVID-19 outbreaks look (relatively) contained. On January 31, China added: 33 confirmed cases and 10 asymptomatic cases – compared to 73 confirmed cases and 5 asymptomatic cases reported the day before Now Beijing has something else to worry about… On Sunday, the central government criticized loc…

COVID-19 outbreaks look (relatively) contained.
On January 31, China added:

33 confirmed cases and 10 asymptomatic cases – compared to 73 confirmed cases and 5 asymptomatic cases reported the day before

Now Beijing has something else to worry about…
On Sunday, the central government criticized loc...

sources

NHC: 国务院联防联控机制2021年1月31日新闻发布会文字实录

The Paper: 春运前三天全国铁路客流同比下降七成以上

NHC: 国家卫健委疫情通报

February 1, 2021

Meet me halfway

On Friday, Vice President Wang Qishan held a video conference with US business leaders and former officials. His message: Can’t we all just get along? Wang acknowledged that are were thorny issues in the bilateral relationship (Xinhua): “In the long run, China and the United States will s…

On Friday, Vice President Wang Qishan held a video conference with US business leaders and former officials.
His message: Can’t we all just get along?
Wang acknowledged that are were thorny issues in the bilateral relationship (Xinhua):

“In the long run, China and the United States will s...

sources

Xinhua: 王岐山会见第十二轮中美工商领袖和前高官对话美方代表

China Daily: Wang Qishan calls for healthy, stable China-US relations

SCMP: US-China relations: common interests outweigh differences, Wang Qishan says

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