19 March 2014



Today’s Issue Cluster: China



DATA POINTS

Japan – Feb: Trade Gap Narrows; -¥0.8t (-$7.9b) from -¥2.8t / WSJ / AP / K *

Malaysia – 2014: Trims GDP Growth Forecast; +4.5% was +5.5% / B

UK – Jan: Unemployment Steady; 7.2% / B / m *

US – Q4: Current account gap hits 14-year low; -$81.1b from -$96.4b / R / AP *

US – Feb: AIA: Architecture Billings Index increased slightl; 50.7 from 50.4 / cr *

US – Week: MBA Mortgage Applications Decrease; -1.2% / cr *


MARKETS

China – Renminbi edging closer to 6.20 ‘red line’ FT / FT

China – Companies Caught in Yuan Riptide WSJ *


ECONOMICS

China – Smog driving top foreign talent away: US business survey R / WSJ / FT

China – Corporate woes look more like slow wave of deleveraging FT

China – Bond default has positive effect on local government groups FT *

China – $1.5t in corporate debt / q * *

China – Industrial Production vs. Iron Ore Price / b *


POLITICS & FISCAL POLICY

Ukraine – US Can Tighten Russia Sanctions, Treasury Official Says WSJ / AP / B

Ukraine – EU Rifts Emerge Over Sanctions for Russia WSJ / B / AP

Ukraine – Russia is using reserves to help ruble’s rally q * *

Ukraine – Londongrad Dealmakers Threatened by Sanctions B

Ukraine – Sanctions Prompt Business Concerns Over Retribution B

Ukraine – Moscow Moves to Destabilize the East S / WSJ *

Ukraine – Moldova warns against Russia grab for Trans Dnestr FT

Ukraine – After annexing Crimea, Russians move to carve up the spoils FT / RIAN *

Ukraine – Russia’s external debt / r *

Ukraine – International bank’s exposure to Russian debt / r *


MONETARY POLICY

BOE – Carney warns risks building in financial system FT / B / FT *

SNB – To keep franc cap, may never need to exit it at all R

BOK – Incoming Governor Sees Rate Increase Looming B / B

TCMB – Turkey leaves interest rates on hold, eyes inflation R *


FINANCE

China – Central bank mulls Alibaba, Tencent payment curbs R / FT / CD


REAL ESTATE

China – Central bank holds bailout talks with property developer FT / WSJ / NYT / B

China – Compelling Signs the Property Boom Is Over WSJ


SERVICES

Dairy – France Has a Formula for China’s Baby-Milk Needs WSJ *

Dairy – Farmers milk rising prices and falling costs FT *

Dairy – Cheese exports driving US milk prices to an all-time high q * *


MANUFACTURING



TECH

Mobiles – Computing wars move to watches FT / wsj / AP / nyt *

Mobiles – Apple seeks to fend off competition with cheaper 8Gb iPhone 5c FT

Mobiles – European Panel Adopts ‘Net Neutrality’ and Roaming Rules NYT / WSJ

Mobiles – US data revenue surpasses voice call revenue R


TRADE & TRANSPORTATION



COMMODITIES

Fish – Pacific tuna industry on brink of collapse ABC / q *

Fish – Governing the high seas E * *


ENERGY & ENVIRONMENT

Solar – China and EU step towards trade peace FT

Solar – US to pursue trade dispute over Chinese, Taiwanese imports R


LABOR & EDUCATION



HEALTH

Demog – China: Many Can Now Have a Second Child, but Say No NYT / B

Demog – China: Struggles to Implement Relaxed Policy on Family Size WSJ / edu *

Demog – China: Big rise in Chinese overseas CD *


ENDNOTES

Most Visited Website by Country am *


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