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Xi's BRICS speech; Reform commission discusses data and payments; State Council boosts auto industry
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Xi's BRICS speech; Reform commission discusses data and payments; State Council boosts auto industry

Bill Bishop
Jun 22, 2022
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Xi's BRICS speech; Reform commission discusses data and payments; State Council boosts auto industry
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Today’s top items:

  1. Outbreaks - Three new community cases in Beijing, temporary hospital opened in Macau

  2. Xi’s speech at the opening ceremony of the BRICS Business Forum -

    No surprises, hits the expected notes of promoting the Global Development Initiative and Global Security Initiative, criticizes the US repeatedly but not by name, discusses the Ukraine “crisis” but not in a way that is critical of Russia or Putin.

  3. 26th meeting of the central commission for deepening overall reform on data - The readout is long, the section on data is really interesting, and another reminder that the PRC is very advanced in thinking deeply about data-related issues, from security to commercialization.

  4. 26th meeting of the central commission for deepening overall reform on payments and other financial activities of platform enterprises - There appears to be some hope that the discussion of the payments and financial activities of platform enterprises in this meeting is another signal that the high intensity…

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