Today’s Issue Cluster: China
China – Jun: Official mfg PMI down; 50.0 from 50.1 / B
China – Jun: Official non-mfg PMI up; 53.7 from 53.1 / B
China – Jun: Caixin mfg PMI miss raises fears of summer growth slide; 48.6 from 49.2 / MW b *
China – Jun: Minxin PMIs turned down again; 43.2 mfg, 42.6 non / b *
Japan – May: Weak Inflation Raises Chances of BOJ Action; -0.4% from -0.5% / B / WSJ *
Japan – Jun: BOJ tankan manufacturers see stable outlook; +6 from +6 / FT
EZ – Jun: Unemployment falls to 5-year low; 10.1% from 10.2% / FT
US – Jun: ISM Manufacturing PMI jumps; 53.2 from 51.3 / CNBC
US – May: Construction spending declines; -0.8% from -1.0% / MW
China – A Sudden Outflow of Investors WSJ *
China – Capital Controls Hamper MSCI Hopes Again WSJ *
China – US Stocks Join Fire Sale B *
China – Nothing Is Simple in Overcapacity Push WSJ *
China – Sees falling sales of cheap consumer goods FT *
China – Deploys state enterprises to stimulus effort FT *
China – Stealth Stimulus Means Fiscal Gap Over 10% B * *
China – Fund managers shun banks, industrials FT *
China – Bankruptcies surge as government targets zombie enterprises FT
China – Companies with dollar debt may suffer if Fed raises rates B *
China – Debt boom is one of the biggest and fastest in history / bi *
China – Xi pledges return to Marxist roots FT
China – Banks Increase Pace of Lending in May WSJ
China – Borrowers told to post nude photos as collateral FT
China – 100 city property price index +11.2% y/y / t *
Gaming – Macau gambles on diversification N *
Gaming – Singapore’s casinos shift bets to mass-market gamblers FT *
Gaming – Sydney approves controversial A$2b Barangaroo casino FT *
Gaming – States saw 1.8% in gambling revenues between 2008-2015 / B *
Ships – SK builders engulfed in crisis FT **
Ships – ‘Have Gotten Too Big’ b
Ship – Exporters Wary as Safety Rule Kicks In WSJ
Ship – Maersk battles to stay on top as downturn deepens R *
Crops – Soybean planting surges in US FT *
Crops – Farmers Surprise With Bigger Corn Acres as Prices Slump B *
Montage of the summed frame of ‘The Searchers,’ 1956 ha *
Montage of the summed frames of 54 Disney films, 1937–2014 ha *
