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D E V E L O P M E N T
  HANG SENG: 5 DAY CHART   SHANGHAI COMPOSITE: 5 DAY CHART
  DAILY REPORTS
China: Death toll rises to five after China earthquake: Xinhua (Nov 23)
Source: Agence France-Presse
Country: China
The death toll from a 5.9 magnitude earthquake that struck a remote part of China's southwest rose to five on Sunday, as media reported the injured have all been successfully rescued. The quake struck 39 kilometres (24 miles) northwest of Kangding in the mountainous west of Sichuan province at 0855 GMT Saturday. The latest toll was reported Sunday by state news agency Xinhua, which also adjusted the number of injured from 60 to 54. Three were said to be in critical condition. "Within nine hours, emergency services were able to successfully rescue all those injured," Xinhua said, without giving details on the current state of the rescue operation. Just under 80,000 people were affected by the quake, the news agency said, adding that 25,000 houses were damaged and 6,200 people relocated. Xinhua said the epicentre was at the town of Tagong, where a police rescue team arrived two hours after the tremor struck. "Six military aircraft, 60 ...


Emission cuts won't hold economy back - Global Times (Nov 23)

Emission cuts won't hold economy back
Global Times
According to the agreement recently reached by China and the US on greenhouse gas emission reduction, China pledged to cap its carbon emissions by 2030. Some hold that the promise will bring huge challenge and pressure to the country's employment ...

and more »



China ready to cut rates again on fears of deflation: Sources - CNBC (Nov 23)

CNBC

China ready to cut rates again on fears of deflation: Sources
CNBC
Many Chinese economists had been calling for bolder policy actions, as recent data showed the economy losing more steam in the fourth quarter and consumer price inflation falling. Full-year growth is on track to undershoot the government's 7.5 percent ...

and more »



Why The Global Gloom? - Seeking Alpha (Nov 23)

Why The Global Gloom?
Seeking Alpha
One popular meme these days is "the global economy is slowing down." China's economy has slowed from double digit growth rates to 7%, Japan has suffered two quarters of negative GDP growth, and the Eurozone economy has grown by less than 1% in ...

and more »



Another global recession looming? - The Zimbabwe Standard (Nov 23)

Another global recession looming?
The Zimbabwe Standard
Global demand is still below pre-crisis levels, and most economies are still struggling with high unemployment, deflation and China's economic growth rate seems to be losing steam after decades of double digit growth rate. Lower crude oil prices could drive ...

and more »



China: Chinese leaders urge full rescue efforts in quake-hit Sichuan (Nov 23)
Source: Xinhua
Country: China
BEIJING, Nov. 23 (Xinhua) -- Chinese leaders have urged all-out rescue efforts after a 6.3-magnitude quake hit the Garze Tibetan Autonomous Prefecture in southwest China's Sichuan Province. The provincial and civil affairs authorities must be swift in organizing rescue and relief work and do their best to minimize casualties, said President Xi Jinping, who was visiting Fiji. Two people had been confirmed dead and another 54 injured as of 6:30 a.m. Sunday after the earthquake hit Kangding County of Garze at 4:55 p.m. Saturday. About 55,000 people have been affected by the quake, according to the provincial civil affair department. Xi asked local authorities to strengthen post-quake monitoring and prevent secondary disasters, and well settle the people affected. He also ordered the military and armed police to support and help with the quake relief. A 35-member rescue team of armed police arrived at Tagong township, the epicenter, two hours after the...


China party paper backs journalist indictment (Nov 22)
(ChinaPost.com.tw) - A newspaper published by China's ruling Communist Party on Saturday endorsed charges of leaking state secrets against a veteran journalist that critics say amount to political persecution.


China Central Bank's Rate Cut Not to Significantly Impact Economy: Analysts (Nov 22)
China's central bank has unexpectedly cut policy rates in order to support the country's measures to arrest the slowdown in growth and boost investment, but analysts say that the move will have only limited impact on the economy.


China Cuts Interest Rates to Support Economy (Nov 21)
Nov. 21 (Bloomberg) -- Bloomberg’s Mike Regan reports on China’s interest rate cut. He speaks on “Money Clip.” (Source: Bloomberg) It is 56 past the hour, which means bloomberg television is "on the markets." i am mia sai ni.


China unexpectedly cuts rates to support economy (Nov 21)
China's central bank unexpectedly slashed interest rates on Friday to re-energize the world's No. 2 economy, joining a growing list of major economies that are trying to encourage growth in the face of ...


  VIDEOS

Webcast 024 | Is global economics more important than geopolitics?
Webcast 024 | Is global economics more important than geopolitics?
As we move into the final quarter of 2014 it's time to take stock on what has been a disappointing year in many ways. Neither trade nor economic growth have ...
From: DeltaEconomics
Views: 35
0 ratings Time: 13:33 More in People & Blogs

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