China Economic Review - Alpha http://www.chinaeconomicreview.com/rss/cer-alpha en copyright 2016 chinaeconomicreview.com Crackdown on economic data sales opens statistics gaps http://www.chinaeconomicreview.com/crackdown-economic-data-sales-opens-statistics-gaps <p>The <a href="http://www.ft.com/intl/cms/s/0/fe50f19e-1113-11e6-91da-096d89bd2173.html#axzz47eAjiR9b"><em>Financial Times</em></a> reports that a Chinese government crackdown on the sale of data from its sprawling statistics agencies has prompted a marked deterioration in the numbers that investors rely on to understand the world’s second-largest economy. Executives searching for figures on China’s petroleum exports or wind power output have noticed growing gaps in the numbers, with some data released later or missing entirely. Thu, 01 Jan 1970 08:00:00 CST Caixin PMI falls to 49.4 in April http://www.chinaeconomicreview.com/caixin-pmi-falls-494-april <p>Business conditions for China's manufacturers continued to deteriorate in April, according to the monthly<a href="http://english.caixin.com/2016-05-03/100938967.html"><em> Caixin</em></a> China Purchasing Managers' Index, which fell to 49.4 from 49.7 points in March. All of the index's components lost ground month-on-month, with total manufacturing output slipping below the 50-point neutral level. Total new orders stagnated in April and new export orders fell for the fifth month in a row. Thu, 01 Jan 1970 08:00:00 CST Tencent poaches Google talent amid push into autos http://www.chinaeconomicreview.com/tencent-poaches-google-talent-amid-push-autos <p>An automaker launched last year by firms including tech giant Tencent Holdings Ltd has poached autonomous driving personnel from Google and Daimler AG, marking China's latest high-profile hires in the race to make self-driving cars, <a href="http://www.reuters.com/article/us-china-autos-tencent-idUSKCN0XU147"><em>Reuters</em></a> reports. Tech firms are encroaching on the auto sector as cars become increasingly reliant on digital technology, with Chinese e-commerce firm Alibaba Group Holding Ltd and internet search provider Baidu Inc funding automotive ventures. Thu, 01 Jan 1970 08:00:00 CST Chinese government pressures economists to be positive http://www.chinaeconomicreview.com/chinese-government-pressures-economists-be-positive <p>Securities regulators, media censors and other government officials have issued verbal warnings to commentators whose public remarks on the economy are out of step with the government’s upbeat statements, according to government officials and commentators with knowledge of the matter. Thu, 01 Jan 1970 08:00:00 CST Chinese police to patrol in Rome http://www.chinaeconomicreview.com/chinese-police-patrol-rome <p>Chinese police are joining Italian officers on the streets of Rome and Milan in an experiment aimed at helping tourists from China feel safe, Italy’s interior ministry has announced, according <a href="http://www.theguardian.com/world/2016/may/02/chinese-police-to-patrol-the-streets-of-rome"><em>The Guardian</em></a>. The experiment is the first of its kind in Europe, China’s ambassador to Italy, Li Ruiyu, said at a meeting to announce the project, according to a statement from the Italian ministry. Thu, 01 Jan 1970 08:00:00 CST