Archive for December 29th, 2016

China’s cabinet names Harvard graduate as central bank vice governor

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

China appointed Yin Yong, a Harvard-educated official, on Tuesday as a vice governor of the People’s Bank of China, replacing Guo Qingping. The State Council announced [...]
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No Happy New Year in China as Currency, Liquidity Fears Loom

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

China bulls could be facing a grim New Year’s eve. The first day of 2017 is when an annual $50,000 quota to convert the yuan into foreign exchange resets, stoking [...]
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China Middle-Class Anger Reignited by Death of Researcher in Custody

29-Dec-2016 Intellasia | WSJ | 6:00 AM

s to drop criminal charges over the death of a researcher in police custody – an unusual display of middle-class anger over a perceived lack of official accountability. [...]
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404: China’s abandoned desert city built to develop Cold War nukes

29-Dec-2016 Intellasia | RT | 6:00 AM

Secreted away in the Gobi Desert far from prying eyes lies a mysterious city known as ’404′, which is said to have once been the focal point of China’s [...]
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China is preparing a ‘toilet revolution’ to boost tourism

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

China said it will boost investment in tourism, with plans to develop rustbelt regions and upgrade public toilets high on its to-do list as it looks to lift the [...]
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China could derail OPEC’s effort to balance oil markets this year, says analyst

29-Dec-2016 Intellasia | NY Post | 6:00 AM

OPEC’s effort to balance an oversupplied oil market could have the unintended consequence of crimping crude demand from China, said Matt Smith, head of commodities [...]
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Trump & China: Why There Won’t Be A Trade War

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

Over half a trillion dollars. It’s the value of what China is selling to the USA annually. This is usually put in the negative context of computing the huge trade [...]
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Agni-5 test: China hopes for strategic balance in South Asia

29-Dec-2016 Intellasia | Economictimes | 6:00 AM

China today hoped that India’s testing of the nuclear-capable Agni-5 intercontinental ballistic missile complied with UN Security Council rules and safeguarded South [...]
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Russia easing visa requirements for Japanese

29-Dec-2016 Intellasia | Japan Times | 6:00 AM

The Russian Foreign Ministry said Tuesday it will loosen visa requirements for Japanese visitors as of January 1. The ministry said a multiple-entry visa will be introduced [...]
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Sports Direct sells Dunlop brand to Japan’s Sumitomo

29-Dec-2016 Intellasia | Telegraph | 6:00 AM

Japan’s Sumitomo Rubber Industries for $137.5m (GBP 112m) in a bid to become “the Selfridges of sports retail”. The company said that the sale was part of [...]
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Japan consumer prices slump in November, look for 2017 rebound

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

Japan’s core consumer prices marked the ninth straight month of annual declines and household spending slumped in November, data showed on Tuesday, suggesting that the [...]
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Japan Inc could claim edge in overseas deals as China faces restraints

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

Japan Inc may become a more important force in dealmaking next year as its cashed-up companies seek to buy growth prospects elsewhere in the world and as Beijing’s [...]
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Japan’s Inc. Shows Its Savvy

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

While much attention has been focused on Japan’s big ailing companies and their prospects for survival, a few small developments show some promising signs for the [...]
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Japan’s Taiwanese Tech Savior

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

While the world looks to prime minister Shinzo Abe to see where he’ll take Japan next year, a lesser-known name is a better guide to the country’s long-term [...]
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The Mystery of Japan’s Stagnant Wages

29-Dec-2016 Intellasia | WSJ | 6:00 AM

Despite three years of unorthodox stimulus, Japan’s wage growth remains slower than expected Despite a slew of monetary and fiscal maneuvers to boost growth, Japanese [...]
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