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Showing posts from February 18, 2019

CCP Watch:  Party Watch Weekly Report

2|17 2.2.2019-2.15.2019
Spring Festival EditionBy David Gitter, Julia Bowie, Brock Erdahl, James Gannon, Ann Listerud, and Sandy Lu
Senior Leaders
Li Keqiang: Strive to Push Forward Reform and Development, Work Hard to Solve Problems with the People’s Livelihood, and Improve the Lives of People from Every Ethnic Group
Xinhua

2.1-2.2  Politburo Standing Committee member Li Keqiang visited Ulaanchab, Inner Mongolia, for an inspection tour. While visiting the city, Li spoke about the difficulties facing residents, including food prices, employment, and underdevelopment.

Li stated that there are good prospects for potato cultivation and for the role it can play in alleviating poverty. After hearing that rising beef and mutton prices have reduced sales at the local farmer’s market, Li spoke of the importance of ensuring that income growth outpaces price increases.

Upon finding out that some train rides last as long as 30 hours or more, Li said that "we must continue to develop high spee…

This week’s top Belt and Road news

BRI Briefing
The latest updates on the BRI
Economics and Finance, Politics, More"Chinese approach to Central and Eastern Europe is actually not entirely straightforward. On one hand, China emphasizes that it recognizes that the 16+1 China-CEE Cooperation should be a part of EU-China relations. On the other hand, there are indications that China doesn't entirely see this region as being inherently part of the EU, part of NATO, part of the developed world."Richard Q.TurcsányiFrom our latestVoices of the Belt & Road podcastBRI BriefingOur BRI Briefing summarizes and analyzes key news related to the Belt and Road Initiative (BRI) over the last week.

This week’s top Belt and Road news

Foreigners invest record amount into Chinese equity markets in Jan 2019:Foreigners invested a record $9bn into Chinese equity markets in January 2019. If the trend continues through the year, it will put foreign equity investments on par with FDI into China.

Chinese SOEs dominating Belt and Road:

Which Chinese provinces have the most to win or lose from the Belt and Road?

Think LocalThe most successful foreign firms appreciate the differences in localities of the Chinese market. Understanding the nuances at the local level allows them to devise a strategy for their operations in China. The situation is no different when it comes to the Belt and Road Initiative (BRI_. Get to know the Belt and Road strategies of your Chinese partners. It will allow you to tailor your own proposals that will resonate well with your Chinese partners and benefit your business.When it comes to the BRI and the outward expansion of Chinese companies, often they move in clusters, incentivized by policies made at a local government level and not at a national level. That’s why it makes sense when engaging with the BRI to think about local government channels.Belt and Road Isn’t Equally Important to Chinese ProvincesIt is then crucial to understand which provinces are most heavily involved in trade with BRI. To our knowledge, this is the first time this data has been brought tog…

CHINA: People’s Daily on catch-up growth

TRIVIUM CHINA
Over the weekend, the People’s Daily ran an important articleentitled "Accelerating the Optimization and Upgrading of the Economic Structure.”The piece was billed as the first in a series on "Grasping the New Implications of Important Strategic Opportunities for China's Development.”The piece highlighted that:Structural adjustment is a global phenomenon.Developed countries have been pushing for “re-industrialization.” China’s low-cost resource model has run its course, and the economy can no longer rely on external demand due to weaker global growth.This situation is exacerbated by the ageing workforce.The fundamental point: China’s catch-up gains – employing cheap economic inputs and obtaining technology from other countries – have been exhausted.That means China has to innovate internally. According to the piece, key elements of that innovation should include:
Big data
Cloud computing
The Internet of Things
New energy vehicles
Industrial robots
Intelligent manuf…