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Chinese Q2 GDP Rises 7.5% In Line With Expectations, But Industrial...
Chinese Q2 GDP climbed 7.5% in line with expectations. This is down from 7.7% growth in the first quarter.Economists had been cutting their GDP forecasts leading up to the data release.Chinese GDP grew...
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A Complete Look At China's Latest Economic Data In One Chart (FXI, EWH)
Chinese data was a mixed bag in June. Here's a quick round-up:Here are the key takeaways:The economic data was in line with expectations but confirmed an economic slowdown. Markets will now be watching...
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NOMURA: Chinese Growth Will Fall Below 7% Next Year
Following last night's China's GDP figures (which indicated slowing, but which came in line at 7.5% for Q2) Nomura is slashing its 2014 growth forecast to below 7%, which is kind of major...
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China's Data Dump Had Two Puzzling Details
Earlier today, China confirmed that its economy was indeed slowing.GDP growth decelerated to 7.5% in Q2 from 7.7% in Q1."Overall, signs of any meaningful recovery in China’s domestic demand remained...
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It Is Now Abundantly Clear Why Edward Snowden Is The US Government's 'Worst...
Thousands of documents that NSA whistleblower/leaker Edward Snowden stole from the NSA constitute "the instruction manual for how the NSA is built,"Guardian journalist Glenn Greenwald told the...
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China Has Revived Its Iconic 'Red Flag' Limo Brand
China revives the storied Red Flag limousine as a rolling embodiment of global ambitionsBEIJING (AP) — The massive frame, bug-eyed headlights, huge retro front grille and scarlet glass hood ornament...
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'China's Madoff' Was Executed In Secret
Hunan province businessman Zeng Chengjie — who emerged from poverty to become a major real estate developer — was executed by the Chinese government for fraud and illegal fundraising last...
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China Accuses GlaxoSmithKline Of Enormous And Elaborate Bribery Network
British pharmaceutical giant GlaxoSmithKline has been accused by Chinese police of a massive bribery network run covertly with travel agencies, The New York Times reports.The agencies were used to...
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22 Chinese People Who Were Handed The Death Sentence For White Collar Crime
China just executed real estate developer Zeng Chengjie.About 4,000 people a year are executed annually in the country, according to human rights organization Dui Hua. And a number of those executed...
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17 Reasons Why Experts Are Convinced China's Economy Is Doomed
Economists and investors around the world are finally getting used to the idea that China's years of blazing hot growth are a thing of the past.While GDP will continue to be above average for years to...
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China Created 7.25 Million Jobs This Year
BEIJING (Reuters) - China added 7.25 million jobs in the first half of this year, slightly higher than the number created in the same period a year earlier, and the job market remains stable, the...
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The #1 Thing Worrying Hedge Fund Managers Right Now
BofA Merrill Lynch just released the results of its July Fund Manager Survey, which polls 238 fundies around the world responsible for a combined $643 billion in assets under management on various...
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The Daughter Of 'China's Madoff' Broke The News Of Her Father's Secret...
Zeng Chengjie, a businessman in China's Hunan province, has been described as "China's Madoff." The real estate developer allegedly defrauded more than 57,000 investors out of approximately RMB2.8...
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Cyber Expert: We've Remotely Spied Through The Webcams Of Chinese Hackers
Remotely taking control of someone's computer is not an unheard of hacker exploit, but this claim about remotely controlling a Chinese hacker's webcam is just crazy.It starts with something called...
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Chinese Museum Forced To Close After Most Of Its 40,000 Artifacts Are Found...
A Chinese museum has been forced to close after claims that its 40,000-strong collection of supposedly ancient relics was almost entirely composed of fakes.The 60 million yuan (£6.4 million) Jibaozhai...
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CHART OF THE DAY: The Chinese Premier's 2 Favorite Economic Indicators Look...
Earlier this week, we learned that China's economy decelerated to 7.5% growth in Q2, which is right in line with the Chinese government's target.However, some economists and skeptics have long argued...
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ALBERT EDWARDS: There's A Bigger, More Decisive Macro Risk Out There Than The...
All eyes will be on Federal Reserve Chairman Ben Bernanke today as he testifies before the Senate Banking Committee.Since May, no macro topic has received more attention than the prospect of the Fed...
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Snowden's Choice For Russian Asylum Reveals His 'Mind-Boggling Naiveté'
Following his request for asylum in Russia, it's become pretty clear that Edward Snowden is officially the most naïve person in the room.Not only is he surrounded by members of Russia's Foreign...
View ArticleFutures And Aussie Dollar Pop After China Moves To Ease Funding Costs
The People's Bank of China has just moved to lower the floor on lending rates, potentially easing credit to corporations.Bloomberg's Michael McDonough has some perspective.PBOC says floor on lending...
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4 Charts That Show Why Krugman Thinks Chinese Growth Has Hit The Wall
One of China's biggest impediments is that it appears to have hit the Lewis Turning Point.This is the point at which declining rural labor supply raises bargaining power for higher wages. This also...
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