Today’s Issue Cluster: China Economy
EZ – Jul: Economic confidence rose; 104.6 from 104.4 / B
US – Week: Jobless Claims Rose; +14k to 266k / WSJ / R
China – Renminbi drops to sixth in international payment ranking FT * *
China – Lets Yuan Depreciate, Other Nations Take Note WSJ *
HK – Chinese Investors Close In on Limits on Stocks WSJ *
China – Credit boom stokes growth B
China – Growth sucks in more debt bucks for less bang R
China – Firms will borrow 2/3 of new corporate debt: S&P / e *
China – Off-budget items push deficit to 15% of GDP: Goldman / e *
China – Infrastructure increasingly ineffective in spurring economy WSJ *
China – Millennials’ tastes shape outbound acquisitions FT * *
China – Growth performance is not unique / ps *
China – Xi Smothering Dissent FT *
China – Discord Between Top Leaders Spills Into the Open WSJ *
PBOC – China May Be Caught in a Liquidity Trap B * *
China – How to Decode Stress Tests WSJ *
China – Targets Banking Tool Behind Risky Lending WSJ *
China – Excess Rooms Push Hotel Owners to Cut Rates WSJ
China – Stealing Jobs? It May Be Losing Them NYT
China – Wrestles With Wage Dilemma WSJ *
Watches – China start-up Mobvoi makes foray into US FT *
Watches – Swiss ailing as shoppers abandon mechanical timepieces B *
China – Joins UN trucking treaty, stepping onto new Silk Road R *
NatGas – US Shale Gas Heads to East Asia for First Time B *
NatGas – Surging LNG supply likely to outpace global demand this year B * * * *
The first new blue in over 200 years artnet / NPR *
