Archive for January 21st, 2017

Times Have Changed Since US Last Named China a Currency Manipulator

21-Jan-2017 Intellasia | Bloomberg | 6:00 AM

As President-elect Donald Trump considers his options to take on China over trade, he can’t dangle the same carrot a predecessor had more than two decades ago, when the [...]
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Alibaba not interested in acquisitions, more interested in partnerships

21-Jan-2017 Intellasia | Reuters | 6:00 AM

China’s Alibaba is not interested in acquisitions this year as it is in partnerships, Alibaba Executive Chair Jack Ma said on Thursday. “I am not interested in [...]
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China’s Alibaba becomes major sponsor of Olympics

21-Jan-2017 Intellasia | Reuters | 6:00 AM

Chinese e-commerce company Alibaba has become a major sponsor of the Olympic Games after signing a deal with the International Olympic Committee (IOC) that runs until 2028, [...]
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China’s Tsinghua Unigroup to build $30 billion Nanjing chip plant

21-Jan-2017 Intellasia | Reuters | 6:00 AM

4Tsinghua Unigroup Ltd, China’s top state chip manufacturer, revealed plans on Thursday to build a $30 billion memory chip factory as the government seeks to boost [...]
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China’s future actions could warrant forex manipulator label -Treasury nominee

21-Jan-2017 Intellasia | Reuters | 6:00 AM

The US Treasury would recommend China be considered a currency manipulator if Beijing began unfairly managing the yuan’s value, President-elect Donald Trump’s [...]
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Viacom’s Paramount Pictures inks deal with Chinese film companies

21-Jan-2017 Intellasia | Reuters | 6:00 AM

Viacom’s Paramount Pictures has signed a three-year deal with two Chinese film companies, Shanghai Film Group and Huahua Media, the companies said on Thursday. As part [...]
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China Tycoon Reinforces Message By Singing – Could You Do This, Too?

21-Jan-2017 Intellasia | Forbes | 6:00 AM

This week China’s richest man, Jianlin Wang, the chair of property and entertainment conglomerate Dalian Wanda Group, brought extra emphasis to his business message [...]
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China Ends Year of Stabilisation on High as Consumers Spend

21-Jan-2017 Intellasia | Bloomberg | 6:00 AM

China’s economy accelerated for the first time in two years in the final quarter of 2016, cementing an economic stabilisation that’s giving leaders a buffer as [...]
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China seen posting steady Q4 GDP growth of 6.7 pct, but debt risk fears grow

21-Jan-2017 Intellasia | Reuters | 6:00 AM

Boosted by higher government spending and record bank lending, China is expected to report on Friday that its economy grew by a steady 6.7 percent in the fourth quarter, [...]
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China’s Yuan Outflows Plummet, Showing Capital Controls Pay Off

21-Jan-2017 Intellasia | Bloomberg | 6:00 AM

The flood of domestic currency out of China became more of a trickle last month, signaling that policy makers’ efforts to keep cash at home are taking effect. An [...]
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China woos foreign diplomats in hunt for overseas graft suspects

21-Jan-2017 Intellasia | Reuters | 6:00 AM

China urged foreign diplomats to help “weave a cooperative network against corruption,” state media said on Friday, as it scrambles to build international support [...]
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Japan trade min says not considering Toshiba rescue plan

21-Jan-2017 Intellasia | Reuters | 6:00 AM

Japan’s minister for economy, trade and industry, Hiroshige Seko, said on Friday a rescue plan for embattled conglomerate Toshiba Corp was not under consideration at [...]
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China 2016 fixed asset investment grows 8.1 pct, slowest since 1999

21-Jan-2017 Intellasia | Reuters | 6:00 AM

China’s fixed-asset investment rose 8.1 percent in 2016, less than expected and the slowest annual pace since 1999. Analysts polled by Reuters had predicted full-year [...]
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China’s debt levels are manageable – stats bureau

21-Jan-2017 Intellasia | Reuters | 6:00 AM

China’s debt levels are manageable, the statistics bureau said on Friday. Ning Jizhe, head of the National Statistics Bureau, made the comment in a news conference in [...]
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China 2016 property investment rises 6.9 pct y/y, sales jump to 7-year high

21-Jan-2017 Intellasia | Reuters | 6:00 AM

China’s real estate investment rose 6.9 percent in 2016, official data showed on Friday, as national sales posted their strongest annual growth in seven years thanks to [...]
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