Today’s Issue Cluster: Pipelines
China – IMF signals doubts on renminbi as reserve currency
Media – Chinese people fall for Tinsel Town
China – Global Ambitions, With Loans and Strings Attached
MAJOR DATA POINTS
China – Jul: Markit services quickens to 11-month high; 53.8 from 51.8 / R / WSJ
EZ – Jun: Retail Sales Fall Sharply; -0.6%, +1.2% yr / WSJ / EU *
US – Jul: ADP private sector job adds down; +185k from +229k / R / B
US – Jul: ISM Services Expand at Fastest Pace in a Decade; 60.3 from 56.0 / B / cr *
US – Jul: Markit services ticks up; 55.7 from 54.8 / R
US – Jun: Trade Deficit Widens; -$44b from -$41b / B / WSJ / R / cr *
MARKETS
China – IMF signals doubts on renminbi as reserve currency FT *
China – Response to Rout Exposes Regulatory Disarray WSJ *
China – Exchanges step up crackdown on short-selling R *
China – Nearly 25 Years of Wild Swings WSJ *
China – Late Jolts Are New Normal WSJ *
China – ‘Botched stockmarket rescue’ e *
China – Brokerage IPOs Likely to Face Cooler Climate WSJ *
China – Capital outflows reignite debate between bulls and bears FT * *
ECONOMICS
China – Growth to slow to 4.1% by 2025: Tokyo think tank N * * *
China – Faith in Beijing stats, charted ft * *
China – Blue-chip groups face slowdown hit FT / FT *
China – Alarm bells ringing for Asia, Germany, resource exporters N *
POLITICS & FISCAL POLICY
China – Global Ambitions, With Loans and Strings Attached NYT *
MONETARY POLICY
FINANCE
China – Debt overhang slows bank reforms b * *
REAL ESTATE
China – Smaller Cities Miss Housing Recovery WSJ *
LABOR & EDUCATION
China – Slowdown follows pattern traced earlier by US, Japan N * *
SERVICES
Media – China’s Film Industry Is Gaining on Hollywood BW / FT *
Media – Chinese people fall for Tinsel Town N * *
MANUFACTURING
TECH
TRADE & TRANSPORTATION
Pipeline – Obama Said Near Rejection B / B / G&M / CBC / B
Pipeline – Quiet on Keystone, Clinton faces sharper attacks from rivals AP
Pipeline – Cnooc Oil-Sands Spill Worsens Outlook for Canada Plans B
Pipeline – Add crippling shortage to Canada natural gas woes B *
Pipeline – Corridor to Canada’s north examined in new project G&M *
Pipeline – M&A Stacks Up as Gas Production Grows / b *
Pipeline – Oil line latest casualty of rising tensions in Turkey FT / q *
Pipeline – Possible new EU-Turkey gas partnership bruegel * * *
Pipeline – Impact of Greek cooperation with Russia will be limited bruegel *
Pipeline – Gazprom charges more for more dependent countries bruegel * *
Pipeline – Only Ukrainian system is not controlled by Gazprom bruegel *
COMMODITIES
ENERGY & ENVIRONMENT
Carbon – Shale gas is loser in Obama plan FT * * *
Carbon – Impact of EPA’s Rule on Industry to Vary WSJ / FT / AP / B *
HEALTH
ENDNOTE
Colors of passports around the world am *
