China

China’s flash manufacturing PMI rises to 49.8% in August

China’s flash manufacturing PMI rises to 49.8% in August

HSBC says recent export growth was strong, with shipments expanding by 22% y-o-y in 2Q.

Direct realty dealings in China up 13.1% in Q2 2011

And Singaporean purchasers have dominated the largest transactions with three of the five largest Chinese deals.

Don’t panic: China’s economy still stable

If GDP growth is only 8% but there is no systemic unemployment, China will be fine.

China’s CPI to be around 6% in August

And manufacturing PMI could weaken further, possibly falling below 50.

China’s inflation may have risen to 6.5% in July

DBS expects new loans to drop to CNY 598.5bn from CNY 633.9bn in the previous month.

Wilmar’s 5% price increase to pose ‘insignificant’ impact

Wilmar’s increased cooking oil prices may no longer restore its margin back to US$40/MT, says DBS.

Analyst warns Chinese banks on risk from rising local government debt

79% of China's local government debt were from bank loans, according to the National Audit Office.

Debt threat: Analyst warns Chinese government on risks from bank defaults

As more than 50% of total debt will mature by the end of 2013, Beijing will need to take action to restructure the local debt.

Midas' associate clinches two deals worth RMB3.13b

The first contract worth RMB2.15b is for the supply of 46 train sets to the Nanjing Metro Line 3 Project.

Office rents continue to surge across Asia Pac

And you'll never guess which Asian cities are leading the rent increase.

RMB not significantly overvalued: IMF

It’s official, Obama can back off as the IMF says China is not significantly manipulating its currency.

Tightening bites: China’s Flash Manufacturing PMI drops to 48.9 in July

This is the first time flash PMI fell below 50 in a year.

Chinese venture capital investments ‘roar back’ from economic crisis

The investments in China reached $5.4 billion in 2010, a 79% increase over 2009.

China's strong GDP pushes metal prices higher

Zinc becomes the star performer, surging 13.3% in June.

China’s local government debt amounts to a whopping $1.5-2.1trn

$300-450bn worth of local government investment vehicle loans are already in trouble.

China set to be the largest driver of oil prices in a decade

The correlation between China's industrial growth and the WTI oil price has increased from 0.45 in May 2001-2006 to 0.65 in May 2006-2011.