Sep 19, 2014 06:31 UTC

Australia at sharp end of China outbound ambition

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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.

COMMENT

Never trust a commie!

Posted by UauS | Report as abusive
Sep 17, 2014 08:20 UTC

China stealth stimulus may slip down back of sofa

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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.

Sep 16, 2014 16:48 UTC

Applying corporate finance to nations

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By Rob Cox

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

It is generally accepted on Wall Street that breaking up bloated and unwieldy companies is a good thing. Division makes them easier to manage, more accountable and allows them to deliver greater value to their many constituents. On the eve of Scotland’s historic vote on independence, it’s worth considering whether the same logic might also be applied to nations.

COMMENT

I sure wish Texas would secede. South Carolina is irrelevant. They are a self limiting entity anyway, because of their inability to release themselves from their past prejudices and their religious fervor with regard to the justifications of immoral actions. In other words, they are old fashioned believers in birth right and the power of money. Basically royalists without the royalty. Anyway, South Carolina is unimportant because they make themselves that way through stupity, both on a political and economic level. They probably think differently on this than I, but then they are likely deeply in love with themselves too.

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Sep 16, 2014 13:56 UTC

No-debt mania continues to dictate German policies

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By Olaf Storbeck

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

Angela Merkel’s rhetoric on higher public investment is changing for the better. But the German chancellor remains unruffled by growing calls from her euro partners and the European Central Bank to change tack on fiscal policy. Germany’s excessive focus on balanced budgets remains unchanged and is likely to prevent any swift and significant increase in public infrastructure spending.

Sep 15, 2014 07:42 UTC

China data divides real and economic worlds

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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.

Sep 12, 2014 11:13 UTC
Hugo Dixon

Calculator: Does Scoxit = Brexit?

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By Hugo Dixon

Hugo Dixon is Editor-at-Large, Reuters News. The opinions expressed are his own.

If Scotland votes for independence, there is a two-in-three chance that the remaining United Kingdom will quit the European Union, according to a new Breakingviews calculator. By contrast, there would be only a one-in-five probability of a “Brexit” (Britain leaving the EU) by the end of the decade if the Scots vote to stay in the UK on Sept. 18.

Sep 11, 2014 14:17 UTC

RBS/Lloyds moving plans leave key questions opaque

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By George Hay

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

Scotland’s largest banks have moved to head off a crisis. Royal Bank of Scotland and Lloyds Banking Group say they will shift their Edinburgh-domiciled operations to London, should Scots vote for independence on Sept. 18. That’s a step towards financial stability – but not if you’re a Scottish consumer.

Sep 11, 2014 13:53 UTC

Ecuador economic “miracle” meets maturity

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By Rob Cox

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

Turn on state television here, and within an hour or so a public service message will appear extolling the “Ecuadorean miracle” of President Rafael Correa. The advertisements highlight big new infrastructure projects and endorsements by experts, even an American or two.

Sep 11, 2014 07:59 UTC

Likonomics: the China buzzword that wasn’t

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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.

COMMENT

Mr. Li is not all powerful and unreasoned expectations, which fail to recognize his limitations seem childish and petulant. These things take time.

Posted by jbeech | Report as abusive
Sep 8, 2014 13:59 UTC
Edward Hadas

Sterling fall shows rational alarm over Scotland

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By Edward Hadas

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

The market is not too negative about the pound. The fall of sterling – down 6 percent against the dollar since July 15 and by 2 percent from Friday morning to Monday morning – is less a panic than a rational response to the possibility that the United Kingdom will be divided in two.