Today’s Issue Cluster: China
China – Expects to lay off 1.8m workers in coal, steel sectors
Media – China Could Beat US Movie BO by 2017
Zika – Expected to infect 1 in 5 Puerto Ricans
China – Feb: Official services sector PMI slipped; 52.7 from 53.5 / FT / WSJ
China – Feb: Official manufacturing PMI falls; 49.0 from 49.4 / R
China – Feb: Caixin Manufacturing conditions at 5-month low; 48.0 from 48.4 / m
Japan – Feb: Nikkei manufacturing PMI drops to 8-month low; 50.1 from 52.3 / m
EZ – Jan: Jobless rate drops to lowest since August 2011; 10.2% from 10.3% / AP
EZ – Feb: Markit Manufacturing PMI falls to 12-month low; 51.2 from 52.3 / m
Germany – Feb: Markit manufacturing plunged to a 15-month low; 50.5 from 52.3 / R
US – Feb: Final Markit Manufacturing PMI up slightly; 51.3 was 51.0; m
US – Feb: ISM Services Index Climbed; 49.5 from 48.2 / B
US – Jan: Construction spending jumps to eight-year high; +1.5% from +0.6% / R
China – Stocks stage a quiet recovery WSJ *
China – Foreign Exchange Reserves Dwindling Rapidly NYT *
China – Has problems, but it won’t run out of reserves FT *
China – Foreign Money Could Be Slow to Enter Bond Markets WSJ *
China – Services stall; no option but industrial sector FT *
China – Resurrected Minxin manufacturing gauge suggests weakness B * *
China – Rush of Corporate Bonds Inflames Worries About Debt WSJ *
China – Moves to Dispel Doubts on Economy WSJ / WSJ *
China – OECD downgraded everyone except Beijing / oecd *
China – State-owned Zombie economy FT * *
China – Overproduction Swamps Smaller Cities WSJ * *
China – Excess capacity harms economy and riles trading partners E *
China – Europe Urges China to Fight Industrial Overproduction WSJ / NYT *
China – SOE acquisitions in Europe raise concern FT *
China – A Clash of Cultures at Alabama Factory WSJ *
China – Urged to Stomach Much Higher Fiscal Deficit WSJ *
China – The Washington insiders who work to get deals approved R *
PBOC – Cuts Reserve Requirement Again WSJ / NYT / FT / R / B *
China – How Big Lending Push Comes Up Short WSJ *
China – Expects to lay off 1.8m workers in coal, steel sectors R / FT
China – The one-child policy is gone, but its legacy bites deep N *
Media – China Could Beat US Movie BO by 2017 BW *
Zika – Expected to infect 1 in 5 Puerto Ricans WaPo
Zika – CDC: 14 more US reports of possible spread through sex AP
China could become a major power in club football FT *