Archive for December 22nd, 2016

The Fed Puts China in a Bind

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

Last week, when the US Federal Reserve raised interest rates, it was a sign for many investors that things were getting back to normal. For China, facing large-scale capital [...]
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China’s Tiger Moms Are Spending Big on Tech Classes for Their Kids

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

It starts with the idea that kids must be trained early to prevail over robots in the workforce. Then it snowballs from there – $3,000 a year for tuition, $350 for a [...]
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China returns seized US naval sea drone

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

China on Tuesday returned a US underwater probe it seized in the South China Sea, the Pentagon confirmed after Beijing’s capture of the craft sparked a dispute between [...]
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PBOC Shadow Banking Curbs Risk Deepening China’s Junk Bond Rout

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

A lifeline for China’s local junk bonds is about to get cut, threatening financing for weaker companies already grappling with mounting defaults. The People’s [...]
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Nike earnings rise, bullish on China

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

Nike reported higher second-quarter earnings Tuesday behind increased sales in key markets, including China, and said it was making progress in cutting inventory in North [...]
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Vatican asks Beijing for positive signs to help dialogue

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

The Vatican said on Tuesday it hoped China’s communist government would give Catholics there “positive signs” that would help them have faith in a push by [...]
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Smog refugees flee Chinese cities as ‘airpocalypse’ blights half a billion

22-Dec-2016 Intellasia | The Guardian | 6:00 AM

Thousands head to pollution-free regions as haze descends on the country’s northern industrial heartland Tens of thousands of “smog refugees” have [...]
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City in China’s Shandong limits coal-fired power to cut smog – notice

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

A major city in China’s Shandong province has ordered seven coal-fired power plants, including one of the nation’s largest, to cut output by nearly two-thirds to [...]
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Soybean prices are surging thanks to ‘stunning’ demand from China

22-Dec-2016 Intellasia | CNBC | 6:00 AM

China’s growing middle class has propped up sales of luxury goods and box-office receipts of Hollywood blockbusters in recent years. Add another beneficiary to the [...]
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China Seen Readying for Trade War During Trump Presidency

22-Dec-2016 Intellasia | VOA News | 6:00 AM

The possibility of a trade war between the United States and China loomed large over the horizon after the US electoral college confirmed Donald Trump’s presidency on [...]
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Heavy smog causes flight delays in northern China

22-Dec-2016 Intellasia | China Economic Review | 6:00 AM

Persistent heavy smog on Tuesday caused massive flight delays in and around Beijing, snarling traffic and even pushing up vegetable prices in the capital, according to The [...]
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What Will Stop Trump From Starting a Trade War With China

What Will Stop Trump From Starting a Trade War With China

22-Dec-2016 Intellasia | Fortune | 6:00 AM

If we are to believe President-elect Donald Trump’s Twitter feed, the trade war with China has already started. Trump has laid down the gauntlet about Beijing’s [...]
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Residents in China’s north complain as smog alert enters fifth day

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

Northern China was shrouded in almost record pollution for a fifth day on Wednesday, disrupting flights, traffic and shipping, and closing factories and schools, with some [...]
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Smog engulfs cities in northern China for fourth day

Smog engulfs cities in northern China for fourth day

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

A plane carrying the chief executive of the world’s biggest oil exporter was prevented from landing in the Chinese capital of Beijing on Tuesday because of thick smog [...]
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China just confronted the US Navy in the Pacific – and it looks like China came out on top

22-Dec-2016 Intellasia | Businessinsider | 6:00 AM

The first confrontation between the US and Chinese navies concluded on Tuesday, when the Chinese returned an underwater oceanographic drone captured in international waters [...]
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