China Printed a Five Percent Quarter Whose March Was Not Like Its January
Q1 GDP came in at 5.0 percent against 4.8 expected, but March exports grew 2.5 percent after January and February's combined 21.8. Two halves of one quarter.
David Chen
Bureau: Beijing
Orient Securities Halts Trading to Absorb Shanghai Securities in Beijing-Directed Merger
Two Shanghai brokerages combine into an eighty-six-billion-dollar firm while American banks build reserves — parallel architectures, opposite directions.
Beijing Stays Silent on the Strait Past Seventy-Two Hours
Seventy-two hours after the strait reopened, Beijing has said nothing on the record — the silence is the story.