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    1. China's economy may be slowing, but the number of high net worth individuals (HNWI) continue to balloon, doubling between 2010 and 2014.

    2. China's factories struggled to expand in May despite recent interest rate cuts and other policy stimulus, a Reuters poll showed, suggesting the government may have to do more to halt a protracted slowdown in the economy. The official manufacturing Purchasing Managers' Index, or PMI, is forecast to inch up to 50.2 from April's 50.1, according to the median forecast of 14 economists in the poll ...

    3. China’s Manufacturing PMI Is the Lowest in 1 Year

      Market Realist via Yahoo! FinanceMay 28 12:06 AM

      China’s HSBC manufacturing PMI fell to 48.9 in April. This is the lowest level since April 2014. A reading below 50 indicates contraction.

    4. China's factories struggled to expand in May despite recent interest rate cuts and other policy stimulus, a Reuters poll showed, suggesting the government may have to do more to halt a protracted slowdown in the economy. "Although the government has unveiled a series of policy stimulus measures, the effect has yet to show up," said Nie Wen, an economist at Hwabao Trust in Shanghai. The flash ...

    5. China will prepare a five-year cybersecurity plan to protect state secrets and data, the official China Daily said on Thursday, citing a senior official of the Ministry of Industry and Information Technology. Such a plan could add to the challenges of foreign technology firms doing business in the world's second-largest economy, by prompting government agencies and companies to opt for ...

    6. China's central bank warned of deflationary pressure in the world's second-largest economy on Wednesday as it forecast subdued consumer prices for the year and a challenging growth outlook. In its 2014 annual report that was published online, the PBOC reiterated that it would keep monetary policy prudent, and would make timely adjustments - or "fine-tuning" - to ensure conditions are ...

    7. China to project its military further and stronger

      AFP via Yahoo! NewsMay 26 02:39 AM

      China said Tuesday it would project its military power further beyond its sea borders and more assertively in the air, defending the construction of artificial islands which sparked concern in Washington. The People's Liberation Army navy will put greater emphasis on "open seas protection" rather than "offshore waters defence" alone, the State Council or cabinet said in a white paper. The paper...

    8. China's army plays down South China Sea island-building

      Associated Press via Yahoo! NewsMay 26 11:45 AM

      BEIJING (AP) — China's military on Tuesday compared its controversial island-building in the South China Sea to ordinary construction such as road-building going on elsewhere in the country, trying to deflect criticism over an issue seen as inflaming tensions in the region.

    9. China Set to Expand Naval Role Beyond Its Coasts

      Bloomberg via Yahoo! FinanceMay 26 11:12 AM

      China set out its ambitions for a bigger naval presence far from its coasts, amid wariness among its neighbors over whether the country’s fleet will be used to back up its territorial claims. The People’s Liberation Army will add “open seas protection” to “offshore waters defense” on a list of core naval missions, according to the country’s 2015 defense white paper. China must expand on its ...

    10. China hosted a groundbreaking ceremony for the building of two lighthouses in the disputed South China Sea, state media said on Tuesday, a move that is likely to escalate tensions in a region already jittery about Beijing's maritime ambitions. China's Ministry of Transport hosted the ceremony for the construction of two multi-functional lighthouses on Huayang Reef and Chigua Reef on the disputed...

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