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Jun 26, 2015
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Rising China: a required reading list

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By John Foley and Edward Hadas

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

China has towering international influence and a huge population. It will soon be home to the world’s largest economy. But it’s hard to know what makes the People’s Republic tick. Enter the Breakingviews required reading list, guaranteed free of books with “dragon” in the title.

Jun 26, 2015
via Breakingviews

Rising China: a required reading list

Photo

By John Foley and Edward Hadas

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

China has towering international influence and a huge population. It will soon be home to the world’s largest economy. But it’s hard to know what makes the People’s Republic tick. Enter the Breakingviews required reading list, guaranteed free of books with “dragon” in the title.

Jun 26, 2015
via Breakingviews

IPO madness in China stock markets is relative

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

Will China’s stock markets become rational before they become international? The performance of Guotai Junan suggests not.

May 18, 2015
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China’s lodestar is not reform but avoiding chaos

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

China’s policymakers talk much of reform. What really drives them is something different: a fear of chaos. The treatment of the country’s local government debt pile is an example of risk aversion getting the upper hand. The strategy is imperfect, but also right.

May 18, 2015
via Breakingviews

China’s lodestar is not reform but avoiding chaos

Photo

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

China’s policymakers talk much of reform. What really drives them is something different: a fear of chaos. The treatment of the country’s local government debt pile is an example of risk aversion getting the upper hand. The strategy is imperfect, but also right.

May 11, 2015
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China’s new monetary tool: quantitative teasing

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

While Europe eases, China merely teases. The People’s Republic cut interest rates on May 10 for the third time in six months, responding to poor economic data and a corporate sector saddled with high debt. Making money cheaper is fine as it goes, but less dramatic than making it more abundant via quantitative easing. That can come later.

May 11, 2015
via Breakingviews

China’s new monetary tool: quantitative teasing

Photo

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

While Europe eases, China merely teases. The People’s Republic cut interest rates on May 10 for the third time in six months, responding to poor economic data and a corporate sector saddled with high debt. Making money cheaper is fine as it goes, but less dramatic than making it more abundant via quantitative easing. That can come later.

May 6, 2015
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Yum Brands China split short on crispy goodness

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

For Yum Brands, fast-food heaven is 1.4 billion consumers with rising wages and little regard for the fat and sugar content of their food. Activists have suggested a spin-off of the KFC and Pizza Hut parent’s China stores could release crispy goodness for shareholders. A new Breakingviews calculator shows that’s possible, but depends on the company taking greater risks.

May 1, 2015
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Review: Hank Paulson’s kiss-and-don’t-tell China guide

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

Hank Paulson’s two decades of negotiations with China have left him with a wealth of anecdotes, presumably a sizeable stack of air miles and a new book, “Dealing With China”. Paulson shows himself a master of two rules of doing business in the People’s Republic: cultivate contacts like crazy, and know when to leave the killer details unspoken.

Apr 30, 2015
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Banks are designated drivers at China market party

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

If China’s stocks are partying at the punch bowl, then its banks are nervously jangling the car keys in the kitchen. Share prices of the big lenders have lagged the wider market during its recent run-up. Based on their performance in the first three months of 2015, investors’ sober view is the right one.