27 October 2015



Today’s Issue Cluster: China Economy



MAJOR DATA POINTS

UK – Q3: Economy Slows; +0.5% from +0.7% / WSJ / AP / B *

US – Aug: Case-Shiller home prices rise faster; +5.1% from +4.9% / R / WSJ / B / AP / *

US – Sep: Durable Orders Down; -1.2% from -3.0% / WSJ / R / B *

US – Oct: Markit Flash Composite PMI Down; 54.5 from 55.0 / m *

US – Oct: ConfBd consumer confidence at 5-month low; 97.6 from 102.6 / AP *


MARKETS

Yuan – IMF Said to Give China Strong Signs of Reserve-Currency Nod B *


ECONOMICS

China – Communist Party is about to set its goals for 2020 E / WSJ / B *

China – Premier says 7% goal never set in stone R / FT

China – ‘To miss growth forecasts without innovation’ FT * *

China – Credibility of official data under scrutiny N * * *

China – Slowing Hard, Just Not Officially r *

China – Deleveraging delayed E *

China – New Economy Stocks Find Success in Middle Class WSJ *

China – Dwindling demand forces manufacturing price cuts FT

China – Pessimism Is Overblown, IMF says wsj

China – ‘Deflationary boom’ in prospect FT

China – Slowdown May Help Solve One of EU’s Problems B


POLITICS & FISCAL POLICY



MONETARY POLICY

PBOC – Why It’s Not So Easy for China to Ease WSJ *


FINANCE

China – Underground Banks Move Money WSJ *


REAL ESTATE

China – Why are malls closing if consumption is rising? R / R

China – Bid to Prop Up Property Investment Challenged Amid Glut B *


LABOR & EDUCATION



SERVICES

Gaming – Macau: Investors bet on Batman for rescue FT / WSJ / B / AP

Gaming – Reno: Sees Future, and It Isn’t Casinos WSJ *

Gaming – Tribes: Look Beyond Casinos for Income NYT


MANUFACTURING



TECH



TRADE & TRANSPORTATION

TPP – China communist party paper says country should join R

TPP – Indonesia “going to join” WSJ / FT / R / AP / NYT / AFP

TPP – Deal is bad for the auto sector, Ford Canada chief says G&M

TPP – Surprising Vote of Confidence in Globalization WSJ *


COMMODITIES

Gold – Asia Demand Shows Rare Divergence WSJ *

Diamonds – Canada’s once-booming Arctic sector loses luster R *

Diamonds – Inside De Beers’s Hunt in Africa WSJ *


ENERGY & ENVIRONMENT

Nuclear – UK: China seeks to build chain of plants FT / NYT

Nuclear – UK: Britain Says It Will Aid Plant FT / NYT

Nuclear – US: TVA Cleared for First Plant in Nearly 20 Years WSJ / AP


HEALTH

Carcinogens – Industry to reject WHO meat ruling FT / WSJ / B / AP / R / B *

Carcinogens – Experts attack claims that bacon is ‘as big a cancer threat as smoking’ DT / CRUK *


ENDNOTE

World Map in the manner of Piet Mondrian bm *


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