Today’s Issue Cluster: China Markets
China – Challenge getting poor to buy vacant homes
Ship – Yards Vanish as China Loses Appetite for Ore
Oil – China Demand Showing Signs of Cracking
US – Dec: JOLTS openings just shy of estimates; 5.431m from 5.349m / sa
China – Official: Bets Against Yuan Are ‘Ridiculous and Impossible’ WSJ
China – Did Beijing Change the Way It Fixes the Yuan? WSJ *
China – Faces currency issues beyond US dollar FT
China – Opens new front in war on speculators FT *
China – ‘Intervention by Beijing Is Worsening Market Woes’ WSJ *
China – Renminbi remains firm against basket FT * *
China – Two renminbi rates converge FT / WSJ *
China – ‘Murderous’ Yuan Rate Jolts HK Currency Hub B
China – Market Illness Has Gotten More Contagious WSJ *
China – U-turn stokes circuit breaker debate FT *
China – Doubts are raised over party-state’s financial management FT **
China – Asian markets ensnared by turmoil FT *
China – Era of Easy Choices Is Over WSJ *
China – Backed by their government, companies splash out abroad N *
HK – Retail Slows as Mainland Tourists Stay Away WSJ *
Taiwan – China looms large as political pendulum swings N *
China – Banks feel the heat of meltdown FT
China – Claims it has a ‘stable and healthy’ financial system FT *
China – Challenge getting poor to buy vacant homes R
China – Police arrest activists in campaign against unrest FT *
Gaming – Macau Casinos End Dismal Year on Low Note WSJ / NYT *
Gaming – Macau GDP falls 24% in third quarter / t *
Gaming – Macau Fortunes Hit 5-Year Low, Lead on Vegas Narrows B * *
Gaming – Why Odds Are Long for Macau Recovery WSJ *
Gaming – Rising debt and slowdown in EMs are a bad combination FT *
Ship – Yards Vanish as China Loses Appetite for Ore B * *
Ship – Owners rocked by sinking charter rate FT / FT / FT *
Ship – US Port Traffic Grew at Slowest Rate Since Recession in 2015 WSJ
Commods – China Hunger Wanes, and Pain Spreads Among Producers NYT
Oil – China Demand Showing Signs of Cracking B *
Oil – Plunge Sparks Bankruptcy Concerns WSJ *
H5N6 – Chinese woman dies of bird flu, another woman critical AP
H1N1 – Flu virus kills 14 in Costa Rica AP
Bowie’s new album heads to #1 / r *