Today’s Issue Cluster: Coal
China – CLSA Sees Bad-Loan Epidemic With $1t of Losses
China – April Slowdown Shows Debt Addiction Will Be Tough to Shake
China – Rising rural incomes
US – Apr: Existing home sales rise; +1.7% / MW
China – Decides Debt Can Be Dangerous BW *
China – CLSA Sees Bad-Loan Epidemic With $1t of Losses B *
China – April Slowdown Shows Debt Addiction Will Be Tough to Shake B *
China – Corporate debt problem only getting worse N * *
China – Profits are down for the first time since 2008 / N *
China – UBS: Local government bonds driving overall credit expansion *
China – Challenged to Keep Yuan Stable as Dollar Rises WSJ *
China – Party mouthpiece echoes debt fears FT
China – Routes 5t yuan into transport infrastructure FT
China – Rising rural incomes E *
China – European Parliament Rejects Bid for Market Economy Status WSJ
China – Heads for a Showdown with Taiwan B *
China – Becomes global leader in development finance FT *
China – Credit growth slows as leadership warns of over-leverage FT *
China – Banks Blur Lines WSJ *
China – Home price growth fastest in two years FT *
China – Housing Revival Buffers Economy WSJ *
China – Real-Estate Lawsuits Surge WSJ *
Gaming – Macau casinos place their bets that slump is over FT
Robots – China Is Largest, Fastest-Growing Market World-wide WSJ
Coal – China Curbs Plans for More Power Plants NYT *
Coal – Call for US and China to pursue clean alternative FT
Coal – Japan planning to invest huge sums to replace nuclear power FT
Coal – UK Power Output Vanishes B *
Coal – Britain passes historic milestone FT *
Coal – Choking on cheap natural gas, regulations B * * *
Coal – US Denies Permit for Terminal in WA NYT
Coal – Default Risks Soaring as Peabody Falls Into Bankruptcy / b *
Photos taken by locals and tourists in Berlin motw *
