Archive for December 20th, 2016

PBOC in Neutral Sets Up First US-China Tightening Since 2006

20-Dec-2016 Intellasia | Bloomberg | 6:00 AM

China’s leaders are pledging a harder push to rein in risk next year and emphasising prudent and neutral monetary policy. With the Federal Reserve flagging a steeper [...]
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Insight: Heralding social, financial change, China aims blow at iron rice bowl

20-Dec-2016 Intellasia | Reuters | 6:00 AM

China has ordered state firms to smash the decades-old system of providing cradle-to-grave welfare support, known as the country’s “iron rice bowl”. But the [...]
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Gone in 60 Seconds: Chinese Snap Up Dollar Funds as Yuan Tanks

20-Dec-2016 Intellasia | Bloomberg | 6:00 AM

Chinese savers, eager to convert their yuan before the currency keeps depreciating, are snapping up US dollar investment products that offer options for keeping money at home [...]
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Diamonds, Not Marriage, Are Forever for China’s Millennials

20-Dec-2016 Intellasia | Bloomberg | 6:00 AM

Jily Ji was 24 when she got her first diamond ring, a 2.5-carat solitaire given to her by her parents. In the three years since, the executive assistant from Shanghai has [...]
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China’s ‘Great Wall’ Becomes Blockbuster on Opening Weekend

20-Dec-2016 Intellasia | Bloomberg | 6:00 AM

The Matt Damon film “The Great Wall” sold about 462.5 million yuan ($67 million) in tickets in China during its opening weekend, a sign that pairing a bankable [...]
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China’s Drone Seizure Sows Concern That US Secrets Were Stolen

20-Dec-2016 Intellasia | Bloomberg | 6:00 AM

A top US lawmaker said China may be poring over a seized underwater drone to unearth secret information about Navy technology, hours after President-elect Donald Trump [...]
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Why China’s Seizure of a US Naval Drone Is So Provocative: Q&A

20-Dec-2016 Intellasia | Bloomberg | 6:00 AM

A Chinese naval vessel seized a US underwater drone operating off the coast of the Philippines, sparking a protest from the Pentagon. 1. Has anything like this happened [...]
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As Trump Tweets, China Quietly Considers Options to Retaliate

20-Dec-2016 Intellasia | Bloomberg | 6:00 AM

China’s leaders are biting their tongues as US President-elect Donald Trump uses Twitter to rattle relations between the world’s biggest economies. Trump lashed [...]
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China’s OxyContin Boom Is a Gold Mine for This Drugmaker

20-Dec-2016 Intellasia | Bloomberg | 6:00 AM

With its harsh anti-narcotics laws and painful history with debilitating opium epidemics in the 19th-century, China wouldn’t spring to mind as a promising market for [...]
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China protests Dalai Lama meeting with Indian president

20-Dec-2016 Intellasia | Reuters | 6:00 AM

China has objected to the Dalai Lama meeting with Indian President Pranab Mukherjee earlier this month, saying the talks had negatively impacted ties between the Asian [...]
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Missing Chinese activist ‘handed over state secrets’: media

20-Dec-2016 Intellasia | AFP | 6:00 AM

A prominent Chinese human rights lawyer who had been missing for almost a month was held in police custody and “confessed” to handing over state secrets, official [...]
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Influx of Chinese investors angers Madagascans

20-Dec-2016 Intellasia | AFP | 6:00 AM

The mine had not yet opened, but Madagascans were already seething with rage and the Chinese management finally quit Soamahamanina, leaving behind empty tents and cigarette [...]
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Chinese city cancels flights in 2nd day of smog alert

20-Dec-2016 Intellasia | AP | 6:00 AM

A smog-shrouded Chinese city canceled airline flights Sunday due to poor visibility and parents took children to hospitals on the second day of a pollution alert across the [...]
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The Next-Generation Rockets That Japan Could Use To Protect Itself

20-Dec-2016 Intellasia | Forbes | 6:00 AM

Uncertainties about US policy in Asia will affect the security postures of allies in the region. Japan, for one, is going to tilt even more toward its own national security [...]
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Japan Posts Trade Surplus for Third Month as Imports Slump

20-Dec-2016 Intellasia | Bloomberg | 6:00 AM

Japan posted a trade surplus for a third straight month in November as imports continued to fall faster than exports. Export values declined at the slowest pace since [...]
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