Today\u2019s Issue Cluster: eTaxis<\/p>\n China \u2013 Fathom: Outlook turning for the better MAJOR DATA POINTS<\/b><\/a><\/p>\n China – May: Official manufacturing PMI unchanged; 50.1 \/ R<\/a> MARKETS<\/b><\/a><\/p>\n China – Investors anticipating inclusion of shares in MSCI index WSJ<\/a><\/p>\n China – Old-School Stocks Are Back in Style WSJ<\/a> *<\/a> ECONOMICS<\/b><\/a><\/p>\n China – Fathom: Outlook turning for the better r<\/a> *<\/a> POLITICS & FISCAL POLICY<\/b><\/a><\/p>\n MONETARY POLICY<\/b><\/a><\/p>\n PBOC – Shines Light on New Risks in $8t Shadow Loan Market B<\/a> *<\/a> FINANCE<\/b><\/a><\/p>\n China – Banks looking to debt markets as deposit growth drying up WSJ<\/a> *<\/a><\/p>\n China – Default Chain Reaction Threatens Products Worth 35% of GDP B<\/a> *<\/a><\/p>\n China – \u2018Massive Bailout\u2019 Needed, Analyst Says B<\/a> *<\/a><\/p>\n China – Small banks report big jump in bad loans FT<\/a><\/p>\n China – Lending Is So Risky That Cows Are Now Collateralized B<\/a> *<\/a><\/p>\n China – Mobile Payment Battle Becomes a Free-for-All WSJ<\/a> *<\/a> *<\/a> REAL ESTATE<\/b><\/a><\/p>\n China – Homeowners Find Themselves in a Land of Doubt NYT<\/a><\/p>\n China – Real-Estate Firms Rush to Tap Capital Markets WSJ<\/a><\/p>\n China – Pacific-Rim Property Firms Hurt by Slowdown WSJ<\/a><\/p>\n China – Developers face setbacks in ambitious foreign push FT<\/a> *<\/a> *<\/a> LABOR & EDUCATION<\/b><\/a><\/p>\n SERVICES<\/b><\/a><\/p>\n eTaxis – Uber Effect Sees Taxi Fares Tank Around the World B<\/a> \/ FT<\/a> *<\/a><\/p>\n eTaxis – Uber piles pressure on US taxi financiers FT<\/a> *<\/a> *<\/a><\/p>\n eTaxis – Apple plants seed in China taxi service FT<\/a> *<\/a><\/p>\n eTaxis – Lyft to offer scheduled rides FT<\/a><\/p>\n eTaxis – Alphabet Unveils Carpooling App, Fraying Ties With Uber WSJ<\/a><\/p>\n eTaxis – Uber\u2019s Ride-Sharing Dominance Comes Under Pressure WSJ<\/a><\/p>\n eTaxis – Uber hits the road with self-driving car FT<\/a> \/ B<\/a> *<\/a><\/p>\n eTaxis – Other ways to balance supply and demand E<\/a> *<\/a> MANUFACTURING<\/b><\/a><\/p>\n TECH<\/b><\/a><\/p>\n TRADE & TRANSPORTATION<\/b><\/a><\/p>\n Air – Iata warns of slowdown FT<\/a><\/p>\n Air – United Flies Further Into China WSJ<\/a> *<\/a><\/p>\n Air – Budget carrier alliance may shake up industry N<\/a> *<\/a> *<\/a> *<\/a> COMMODITIES<\/b><\/a><\/p>\n ENERGY & ENVIRONMENT<\/b><\/a><\/p>\n Coal – China\u2019s cheaper price seen slowing switch to natgas B<\/a><\/p>\n Coal – China\u2019s Plant Binge Deepens Overcapacity Woes WSJ<\/a> *<\/a> *<\/a><\/p>\n Carbon – China\u2019s Emissions May Have Peaked, but It\u2019s Hazy NYT<\/a> HEALTH<\/b><\/a><\/p>\n ENDNOTE<\/b><\/a><\/p>\n Urban Footprints around the world motw<\/a> *<\/a> Today\u2019s Issue Cluster: eTaxis China \u2013 Fathom: Outlook turning for the better PBOC \u2013 Shines Light on New Risks in $8t Shadow Loan Market China \u2013 Default Chain Reaction Threatens Products Worth 35% of GDP MAJOR DATA POINTS China – May: Official manufacturing PMI unchanged; 50.1 \/ R Australia – Q1: GDP growth accelerates; +1.1% […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/posts\/57824"}],"collection":[{"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/comments?post=57824"}],"version-history":[{"count":9,"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/posts\/57824\/revisions"}],"predecessor-version":[{"id":57841,"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/posts\/57824\/revisions\/57841"}],"wp:attachment":[{"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/media?parent=57824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/categories?post=57824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/tags?post=57824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
<\/code><\/p>\n
\n
\nPBOC \u2013 Shines Light on New Risks in $8t Shadow Loan Market
\nChina \u2013 Default Chain Reaction Threatens Products Worth 35% of GDP
\n
<\/code><\/p>\n
\n
\nAustralia – Q1: GDP growth accelerates; +1.1% from +0.7% \/ FT<\/a> *<\/a>
\nBrazil – Q1: Economy shrinks; -0.3%, -5.4% yr \/ AFP<\/a> \/ ft<\/a> *<\/a>
\nUS – Apr: Construction spending largest drop in 5 years; -1.8% from +1.5% \/ R<\/a>
\nUS – May: ISM manufacturing PMI rises; 51.3 from 50.8 \/ CNBC<\/a>
\n
<\/code><\/p>\n
\n
\n
<\/code><\/p>\n
\n
\n
<\/code><\/p>\n
\n
<\/code><\/p>\n
\n
\n
<\/code><\/p>\n
\n
\n
<\/code><\/p>\n
\n
\n
<\/code><\/p>\n
\n
<\/code><\/p>\n
\n
\n
<\/code><\/p>\n
\n
<\/code><\/p>\n
\n
<\/code><\/p>\n
\n
\n
<\/code><\/p>\n
\n
<\/code><\/p>\n
\n
\n
<\/code><\/p>\n
\n
<\/code><\/p>\n
\n
\n
<\/code><\/p>\n
\n","protected":false},"excerpt":{"rendered":"