For sale: Chinese real estate

China has relaxed rules on property sales to foreigners, in a move seen as aimed at boosting the country’s real estate sector amid a slowing economy. [International Business Times]

China Blames Fed For Market Rout

Xinhua reports: The China central bank blames wide-spread expectations of a Fed rate hike in September for the global market rout... demanding The Fed "remain patient."

The Law of Gravity impacts the Chinese stock market

The 40-a-day habit in China

Breathing Beijing’s air is the equivalent of smoking almost 40 cigarettes a day http://t.co/CSBHo2pC9J pic.twitter.com/bzj5wksgC0

— The Economist (@EconAsia) August 20, 2015

China is taking on water

Beijing, China’s landlocked and generally dusty capital, “now has sea views". Why the floods? http://t.co/BXvdnJ5dDF pic.twitter.com/pblZOccvCy

— The Economist (@TheEconomist) August 13, 2015

Google ‘Alphabet’ Website Not at all Live in China

The new Google holding company Alphabet, unveiled Tuesday, will own Google and other companies.

The website for Alphabet is: www.abc.xyz.

The site currently contains letter from co-founder Larry Page and a link to Google. China blocked all access to the website within 12 hours of it going live. GreatFire.org, a monitor of Internet censorship in the Asian country, says that the Alphabet website is “100% blocked.”

China's yuan - a reserve currency

The IMF may be about to recognise China's yuan as a reserve currency. That's a big decision http://t.co/hXsEr6qtAd pic.twitter.com/SzOw2JbCzu

— The Economist (@EconBizFin) August 7, 2015

China has spent around Rmb860-900bn to support the stock market

From Goldman Sachs China musings:

How much has the government bought in the market? 

The Chinese government's recent measures to support the domestic equity market through the so-called 'national team' institution are being frequently discussed by investors and in the media. In this commentary, we estimate the amount of money the 'national team' has spent to support the market, the remaining capital left available for use, the sectors that have likely benefited from government support, the potential overhang on the equity market from government support measures, and our views on the equity market over coming months.

We estimate the 'national team' has spent around Rmb860-900bn to support the domestic equity market.

China investigating liquor suppliers for Viagra in alcohol

BEIJING (Fox News) – Chinese police are investigating if two distillers in the southwestern region of Guangxi added impotence treatment drug Viagra to their liquor in the latest food-safety scare in China. The Liuzhou Food and Drug Administration said that it found the Guikun Alcohol Plant and the Deshun Alcohol Plant in Guangxi's Liuzhou city were putting Sildenafil, more commonly known as Viagra, into three of their baijiu products. Baijiu is a fiery grain liquor that commands high prices in China.

China: Asks for stock trading records from Chinese and foreign brokerages

HONG KONG/SHANGHAI (Reuters) – China is asking foreign and Chinese-owned brokerages in Hong Kong and Singapore to hand over stock trading records, sources with direct knowledge of the requests told Reuters, extending its pursuit of investors shorting Chinese stocks to overseas jurisdictions.

#stockmarket #shorting #stockbroker