Archive for December 30th, 2016

China: We will be on Mars by the end of 2020

30-Dec-2016 Intellasia | CNN | 6:00 AM

China is aiming to own the race for space in the next decade. China’s ambitious and fast-growing space programme is targeting a landing on the dark side of the moon by [...]
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3 Stages of Park Geun-hye’s China Diplomacy

30-Dec-2016 Intellasia | The Diplomat | 6:00 AM

Park’s outreach to China ended in a diplomatic dilemma that will require attention from her successor. Currently, China-South Korea relations seem to be at their lowest [...]
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China Beige Book Shows Broad Improvement Across All Industries

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

The world’s No. 2 economy showed improvement in the fourth quarter with gains across all industries, according to the China Beige Book. Revenues, profits, jobs and [...]
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China Banking Official Urges Cut to Required Reserve Ratio

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

China’s requirement for how much cash banks must hold as reserves is “very high” and should be reduced at an “appropriate time,” a senior [...]
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Tourists Set to Spark Macau Casino Revival in 2017

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

Macau’s efforts to reinvent itself with a Hollywood-themed resort and a half-size Eiffel Tower replica has drawn a surge in tourists from beyond China, a sign growth in [...]
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China Fault Lines: Where Economic Turbulence Could Erupt in 2017

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

China’s balancing act isn’t getting any easier. Policy makers are grappling with how to attack excessive borrowing and rein in soaring property prices while [...]
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Chinese investors buy stake in mapping firm HERE

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

Two Chinese companies and Singapore’s sovereign wealth fund GIC have agreed to buy a 10 percent stake in a digital mapping company controlled by Germany’s leading [...]
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Now China’s Wuxi to suspend poultry trade amid bird flu fears

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

The eastern Chinese city of Wuxi will suspend poultry trade from Thursday amid fears about bird flu, becoming the second city in Jiangsu province to halt live poultry [...]
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Xiaomi-backed online bank to launch services soon – bank investor

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

A Chinese online bank backed by smartphones and home appliances maker Xiaomi Inc [XTC.UL] is set to launch services soon, after being officially established and rebranded [...]
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China flexes military muscle before Trump takes office

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

An aircraft carrier in the Pacific and a newly upgraded combat aircraft: China’s military is showing off its newest equipment less than a month before the swearing-in [...]
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China Slams Japan Over Name Change of De Facto Taipei Embassy

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

China has criticised Japan’s decision to add the word Taiwan to the name of its de facto embassy in Taipei, risking fresh tensions over the self-governing island after [...]
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Japan culling 90,000 more birds for avian flu

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

Japan began killing some 90,000 chickens on Tuesday to contain another outbreak of a highly contagious strain of avian flu, officials said. Japan began killing some 90,000 [...]
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Longer JGB yields rise as BOJ adjusts buying operation

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

Benchmark Japanese government bonds edged up on Wednesday in the waning days of the year, while prices of longer maturities fell as the Bank of Japan slightly reduced its [...]
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The BOJ, QQE, YCC – explaining Japan’s struggle with stagnation

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

The Bank of Japan has led prime minister Shinzo Abe’s effort to stimulate the world’s third-biggest economy, but its often innovative steps have yet to end [...]
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Japan Inc could claim edge in overseas deals as China faces restraints

30-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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