Archive for August 13th, 2019

Paper Dragons: China and the Next Crash by Walden Bello review

13-Aug-2019 Intellasia | The Guardian | 6:02 AM

The great dividing line in economics ever since its birth is how to think about money. Are money and the financial systems through which it flows essentially irrelevant, no [...]
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Would China risk another Tiananmen in HK?

13-Aug-2019 Intellasia | AFP | 6:02 AM

While China might be exploiting fears of a bloody “Tiananmen” crackdown on Hong Kong’s protest movement, analysts say the potentially catastrophic economic [...]
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Lack of G7, IMF support seen dimming impact of US move on China’s yuan

13-Aug-2019 Intellasia | Reuters | 6:02 AM

China is unlikely to face serious consequences from the Trump administration’s decision to label it a currency manipulator given the apparent lack of G7 and IMF support [...]
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N Korea offers support for Beijing over HK protests, condemning ‘foreign forces’

13-Aug-2019 Intellasia | South China Morning Post | 6:02 AM

North Korea has expressed its support for China over the protests in Hong Kong as the city enters its 10th week of mass demonstrations. A spokesperson for North Korea’s [...]
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US-China trade war leaves Europe as collateral damage

13-Aug-2019 Intellasia | AP | 6:02 AM

Like a sleek Mercedes crunched between two freight trucks, Europe’s economy is being knocked off course by the conflict between the US and China over trade. The bill [...]
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Versace, Coach apologise over China T-shirt blunders

13-Aug-2019 Intellasia | AFP | 6:02 AM

Luxury fashion brands Versace, Coach, and Givenchy have apologised for making perceived affronts to China’s national sovereignty with T-shirts listing Hong Kong and [...]
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US adviser Bolton to urge tougher UK stance on Iran and China

US adviser Bolton to urge tougher UK stance on Iran and China

13-Aug-2019 Intellasia | Reuters | 6:02 AM

John Bolton, US President Donald Trump’s national security adviser, arrived in London on Sunday for talks at which he is expected to urge Britain to toughen its stance [...]
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Typhoon Lekima death toll rises to 44 in eastern China

13-Aug-2019 Intellasia | AFP | 6:02 AM

A monster storm that smashed its way up the eastern China coast and forced more than a million residents to flee has killed 44 people, state media said Monday. Footage on [...]
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Typhoon Lekima death toll rises to 32 in China as storm forces parts of Great Wall to close

13-Aug-2019 Intellasia | South China Morning Post | 6:02 AM

The death toll from Typhoon Lekima has risen to 32, with 16 more still missing, after the storm caused more than a million people in eastern China to be evacuated from their [...]
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China’s Ivy League dreams fuel lucrative admissions industry

13-Aug-2019 Intellasia | AFP | 6:02 AM

From hiring ghostwriters and forging sports credentials to generous ‘gift-giving’, admissions middlemen in China are advising wealthy parents to take an array of [...]
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Trump should calm things down with the Fed, and seek stronger exports to EU, China and Japan

13-Aug-2019 Intellasia | CNBC | 6:02 AM

* Problems of Washington’s incoherent fiscal and trade policies should not be dumped on the Federal Reserve. * The best course for asset valuations is a Fed’s [...]
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China fixes yuan midpoint at 7.0211 on Monday weaker than 7 for three consecutive sessions

13-Aug-2019 Intellasia | CNBC | 6:02 AM

* The People’s Bank of China set the official midpoint reference for the yuan at 7.0211 per dollar on Monday. * Analysts were expecting the Chinese central bank to set [...]
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Donald Trump tweets China wants a trade deal ‘so badly’, ahead of next round of talks in Washington

13-Aug-2019 Intellasia | South China Morning Post | 6:02 AM

Donald Trump has insisted that China “badly” wants a trade deal even though talks in Beijing turned to the prospect of a protracted and wider confrontation. On [...]
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S. Korea tightens export controls on Japan in trade row

13-Aug-2019 Intellasia | AFP | 6:02 AM

South Korea on Monday put Japan into its own new export category as President Moon Jae-in called Tokyo’s latest measures “very serious”, intensifying a [...]
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Shinzo Abe’s Dream Will Never Come True

13-Aug-2019 Intellasia | ForeignPolicy | 6:02 AM

Japan’s prime minister will have a historic legacyjust not the one he always wanted. Japanese prime minister Shinzo Abe’s legacy appears to be setit’s just [...]
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