Friday, July 9, 2010

China's passenger car sales in June rose 19.4 percent from a year earlier, the slowest gain in 14 months

· China Property – Bloomberg notes speculation overnight that China’s government will wind back steps to curb property prices.

· China Q2 Business Climate Index Continues its sequential improvement reaching 135.9, up from Q1’s 132.9 and Q209’s 115.9. Bloomberg

· Chinese stocks - technical indicators signal the Chinese stock market may be at a bottom – Bloomberg 

· China June imports/exports coming this Sat (Jul 10); exports seen +38% and imports seen +13.8% (RTRS) 

· China data - China June money supply, loans and FX reserves to be released; there is no set time, but Jul 15 will be the latest date for release (Reuters) 

· China's passenger car sales in June rose 19.4 percent from a year earlier, the slowest gain in 14 months (these numbers were out earlier in the week although were officially published on Fri) – Reuters 

· China eco growth – Rio Tinto doesn’t think it’s sustainable - China's economy is more likely to grow at an average rate of 6% annually than 9% annually according to Rio’s CEO (DJ)

· China - China's SAFE Says its Big current account Surpluses are 'unsustainable' - DJ

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