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CHINESE PMI RISES TO 51.5
UPDATE: In one of the last big datapoints of the year, Chinese HSBCPMI rose to 51.5. from 50.5.You can download the report here.After adjusting for seasonal factors, the HSBC Purchasing Managers’...
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China Ended Its Year With Another Gigantic Day
The Shanghai Composite was a huge laggard for most of the year, and compared to many global markets, its annual gain of just over 3% was fairly meh.But the real story is the market's huge surge in...
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Chinese Academics Are Openly Warning Of 'Violent Revolution' Without Reform
A group of Chinese intellectuals has called on the government to implement urgent political reforms and respect human rights or risk "violent revolution".In an open letter 71 top academics warned that...
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China Expels NYT Reporter After Wen Jiabao Expose
New York Times journalist Chris Buckley was forced to leave China today after his annual media accreditation and residence visa were denied, John Garnaut of the Sydney Morning Herald reports.While the...
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5 Major Trends We Saw In China's Luxury Market This Year
2012 was, to say the least, a roller-coaster year in the Chinese luxury and art markets, following several years of sustained double-digit growth and seemingly unlimited demand among the country’s...
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How A Chinese Economic Crisis Would Unfold
Improving Chinese economic data have many experts saying that the economy has bottomed out, and that the possibility of a hard economic landing is off the table.Societe Generale analysts* expect...
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6 Chinese Policies Just Came Into Effect And Will Boost Investor Confidence
Many policies previously approved by the China Securities Regulatory Commission (CSRC) came into effect in the new year.These reforms should help increase investor confidence, according to China...
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Whitewash Claims Persist After Chinese Newspaper Makes Deal With Censors
A dispute between China's propaganda authorities and a liberal southern newspaper has taken a fresh twist, as reports of a tentative deal have been offset by claims of an official whitewash and the...
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Chinese Customers Are Still Flocking To KFC Despite A Huge Food Safety Scare
Chinese customers of KFC, the biggest fast food chain in the country, said Wednesday they would still patronise it despite a government food safety investigation which has hit sales.US-based Yum!...
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A Chinese Censorship Scandal Is Spiraling Out Of Control
Southern Weekly has long been the most daring of Chinese publications, perhaps enjoying a lower level of scrutiny from Beijing due to its base in the city of Guangzhou, just north of Hong Kong.The...
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The Chinese Mega Investment Story That Everyone Is Missing
As emerging economies evolve into developed economies, their GDP rebalances and shifts from being driven by investment to being driven by consumption.This is a phenomenon that we're beginning to see in...
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A Crazy Chinese Deep Freeze Is Causing Vegetable Prices To Surge [PHOTOS]
China is going through a historic cold snap.The national average temperature has reached its lowest level in 28 years.The average temperature in northeast China dipped to -4.5 degrees F, the coldest in...
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There's An Arms Race Going On In Asia Unlike Anything Since The Cold War
Japanese officials followed their first defense spending increase in a decade by promising they would lay out another 2.1 billion dollar one-time bonus for defense procurement.The bonus puts Japan's...
View ArticleChinese Soldiers Fire Artillery Shells Using Bare Hands
Al Qaeda insurgents in Iraq used to wire Improvised Explosive Devices just like in this video — using 9-volt batteries and stereo wire — but those would just explode underground.In this video, however,...
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We're About To Find Out If China's Economy Is Really Picking Up
China will announce its December trade data at 9 p.m. ET tonight. Analysts polled by Bloomberg are looking for imports to rise 3.5 percent year-over-year (YoY), from 0 percent in November. Exports are...
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There's A Problem With The Recent Rally In Chinese Stocks
The recent rally in China's Shanghai Composite has some people convinced that the market has bottomed.However, Bloomberg BRIEF economist Michael McDonough has identified a potential red flag. From a...
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Chinese Exports Surge 14.1% CRUSHING Expectations
Chinese exports surged 14.1 percent year-over-year (YoY) in December, beating expectations for a 5 percent rise (via Michael McDonough).Meanwhile, imports increased six percent YoY, ahead of...
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SocGen Offers A Surprising Forecast For Gold Under A Chinese Hard Landing...
China exerts a massive amount influence on commodity markets. It is said to account for 40 percent of base metal consumption and 23 percent of major agricultural commodities, according to an IMF...
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One Detail From Today's Trade Data Could Disappoint Those Expecting A Chinese...
For some, a Chinese hard landing isn't off the table. But one detail from December's trade report could disappoint those expecting it. Societe Generale's Wei Yao, who was named the second most accurate...
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Japan Scrambles Jets To Head Off Chinese Military Planes ... Again
Japan scrambled fighter jets Thursday to head off a number of Chinese military planes near islands at the centre of a territorial dispute, Japanese media said.The Chinese planes were spotted on...
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