China Economic Review - Alpha en copyright 2014 Japanese investment in China down on declining yen, rising labor costs <p>Japanese companies operating in China are suffering from the combination of a declining yen and increased labor costs, <em><a href="" target="_blank">The Wall Street Journal</a></em>&nbsp;reported. The yen has declined more than 30% against the yuan over the past three years, and has accelerated in recent months. Thu, 01 Jan 1970 08:00:00 CST China manufacturing up, but growth slow overall <p>China's flash HSBC/Markit manufacturing PMI grew to a three month high of 50.4 in the latest report, up from 50.2 in September, <a href="" target="_blank">Reuters</a> reported. However, growth in new orders at home and abroad slowed in October and producer prices fell, pushing factory inflation to a seven-month low and highlighting still-soft domestic demand. Additionally, the index measuring the rate of growth in factory output fell to a five-month low of 50.7. Thu, 01 Jan 1970 08:00:00 CST China foreign exchange reserves down as US ends quantitative easing <p>China's foreign exchange reserves have dropped 2.6% since the end of June, from US$3.99 trillion to US$3.89 trillion, the most severe quarterly decline since 1996, <em><a href="" target="_blank">South China Morning Post</a></em> reported. Thu, 01 Jan 1970 08:00:00 CST China CNR snags $567m Boston subway deal <p>Shanghai-listed stocks for trainmaker China CNR (6199.HKG, 601299.SHA) shot up 9.9% on news that the company had secured a contract to provide at least 284 subway cars to greater Boston, <a href="" target="_blank">Bloomberg</a> reported. In Hong Kong, shares for the company rose as much as 4% to an intraday record after Xinhua announced the victory. Thu, 01 Jan 1970 08:00:00 CST China's 2014 IPOs see stocks skyrocket <p>Chinese companies that made initial public offerings this year have seen their prices skyrocket an average of 181%, and are five times more expensive than the Shanghai Stock Composite Index,&nbsp;<a href="" target="_blank">Bloomberg</a> reported. Thu, 01 Jan 1970 08:00:00 CST