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from Breakingviews:

Australia at sharp end of China outbound ambition

By Una Galani

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

The most surprising thing about a walk through central Sydney is China. Its influence is everywhere. Activists protest 1989’s Tiananmen Square massacre near the Sydney Opera House. A bilingual Mandarin school is under construction in the affluent Chatswood district. And the effect of Chinese money on the property market has become a dinner party favorite.

A relationship dominated by iron ore and coal has evolved to include everything from agriculture to education. Some 36 percent of the island nation’s exports currently go to China and that will rise to 40 percent by 2020, estimates HSBC. Australia got 7.4 percent of China’s outbound investment in the first half of 2014, according to PricewaterhouseCoopers.

Australia has been here before, with the wave of Japanese investment in the 1980s. But this time there’s a big movement of people too. The number of Chinese tourists has almost tripled in the past five years, and that’s not factoring in those who come to stay. Like it or not, Australia is on the front line of China’s rise.

from Breakingviews:

China has not one property problem, but many

By John Foley 

The author is a Reuters Breakingviews columnist.  The opinions expressed are his own.

China’s real estate market is big enough that it can have not one property problem but many. A Breakingviews ranking of the forty biggest cities, according to different kinds of risks, shows there are huge differences between local markets. It’s not much consolation, though. A conflagration of regional problems could be just as bad as one big national one.

from Breakingviews:

China stealth stimulus may slip down back of sofa

By John Foley 

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

As China’s economy slows, its authorities must think ever faster. A 500 billion yuan ($81 billion) injection of central bank funds into the country’s biggest five lenders - reported by online media group Sina on Sept. 17 - is unusual and symbolic. But in figurative terms it may just slip down the back of the sofa.

from Breakingviews:

Alibaba’s small IPO hike leaves room for believers

By Peter Thal Larsen

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

Pricing initial public offerings is an inexact science. Predicting how investors will value a large, fast-growing Chinese e-commerce group involves even more guesswork. That makes Alibaba’s decision to lift the maximum price for its upcoming stock market debut by just $2 a share to $68 puzzling.

from Breakingviews:

China data divides real and economic worlds

By John Foley 

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

China’s economic data, even when as miserable as the numbers released on Sept. 13, makes little difference to ordinary people. That may explain an apparent lack of urgency from China’s central planners to respond to what looks like a dramatic slowdown. Yet it is naïve to think that the real and economic worlds can stay separate.

from Expert Zone:

China’s WMD cooperation with Pakistan looms over Xi-Modi talks

(Any opinions expressed here are those of the author and not necessarily those of Thomson Reuters)

The visit of Chinese President Xi Jinping to India and his meeting with Indian Prime Minister  Narendra Modi this week has elicited considerable positive interest in both countries. It has the potential to recast the uneasy Asian strategic framework, and by extension the relations of emerging global powers that are currently clouded by acrimony and mutual mistrust.

from Breakingviews:

Club Med auction returns to work refreshed

By Quentin Webb

The author is a Reuters Breakingviews columnist. The views expressed are his own. 

Club Mediterranee shareholders have been vindicated for refusing to throw in the towel. Last year, litigious investors held up a low-ball management buyout offer for the faded French holiday group. They were eventually rewarded with a counterbid from Italian financier Andrea Bonomi. Now the MBO team, again working with China’s Fosun, are back, trumping Bonomi with a $1.1 billion proposal.

from Breakingviews:

Best defence against short-sellers is to buy stock

By Peter Thal Larsen 

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Short-sellers of Chinese companies are back, and shadier than ever. In the past few weeks, two anonymous groups have trained their critical sights on Tianhe Chemicals, a Hong Kong-listed group, and Nasdaq-listed 21Vianet. Executives have tried to dispel doubts about their financial statements while railing against mysterious critics. But they haven’t yet tried the most effective riposte to those betting on a lower stock price: buying more shares.

from Breakingviews:

Likonomics: the China buzzword that wasn’t

By John Foley 

The author is a Reuters Breakingviews columnist.  The opinions expressed are his own.

A year ago, then-new Chinese Premier Li Keqiang looked like a champion of market forces. Now he seems a bit like a passenger. Capitalistic reforms, and foreign investors, have moved down the pecking order.

from Breakingviews:

China smartphones set to pick off global giants

By Ethan Bilby

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

Not everyone is able to spend $500 on a smartphone. For those lacking funds or wanting better value for money, China’s handset makers increasingly appeal. Today, most of their sales are domestic. Yet low costs are helping them dial in new emerging market customers.'

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