SocGen On China's Slowdown In The Making

@zerohedge -

@zerohedge—As we highlighted (see here), China’s macro data for October 2017 was disappointing with retail sales and industrial production missing consensus estimates, fixed asset investment was in line and inflation surprised on the upside. There was some impact from state-driven efforts to reduce pollution, but this issue will be an ongoing headache for decades. In big picture terms, the challenge for the Chinese leadership is to deflate a credit bubble in an orderly fashion, something which we’re not...

China's massive 'magic island-making' ship could escalate tensions in the South China Sea. Trevor Hammond/Planet Labs/Handout via Reuters China is testing a new ship capable of building islands and leading massive land reclamation in the South China Sea. The ship is being called a "magic island-maker," and is likely to become the biggest dredging vessel in Asia. The vessel has sparked concerns among countries in the region, who view China as an aggressor. China has unveiled a new dredging vessel that is expected to be the largest and most powerful of its kind in Asia, a move...