The Editors suggest checking out the following links:
China Web2.0 Review: Alimama Sells CPA Ads for Taobao Sellers – Tangos notes that an earlier attempt to monetize web traffic failed; Alimama’s just-announced official launch will be another test
SF Chronicle: Alibaba.com and the rise of entrepreneurial China – Very long piece connecting Alibaba and China’s new merchant class. Not bad, and we don’t often see China stuff from the Chron.
MarketWatch: Alibaba group launches new Web advertising strategy – “it launched a new unit, Alimama, that connects online advertisers with small, specialized Web sites such as blogs.”
International Herald Tribune: Germany looks to Asia, at China’s expense – “Chancellor Angela Merkel’s conservative bloc is studying a strategic partnership with Asia that would shift the German government’s focus away from China”
AP: China’s dirty little secret — e-waste – Another article on Guiyu’s e-waste trade, which we covered a few months ago
Straits Times: China taking big step forward inparty democracy – “I would put him in the Nelson Mandela class of persons,’ Mr Lee told Singapore journalists on Friday night, at the end of his four-day visit.” Lee Kuan Yew on meeting Xi Jinping
Popular Science: NanoSolar’s Powersheet – “Nanosolar has built what will soon be the worldâ��s largest solar-panel manufacturing facility..it will create 430 megawatts’ worth of solar cells a year” erm… 430 mw is the world’s largest? REC’s plant outputs 650 mw currently
FT: Private equity eyes China ploy – PE funds want to raise money in RMB, put their funds onshore, and hope that the regulatory process is smoother for them. They’ll also have access to local investors that way, and China is a nice place to be after the credit crunch.
World Bank: EAP Half-Yearly Update – The WB’s rigorous and comprehensive East Asia update. Good macro reading.
AP: Map shows top CO2 producers in the world – “The Web site, which includes information from 4,000 utilities and 50,000 plants, shows not only the biggest CO2 emitters, but also the facilities and companies that are most green, releasing little if any carbon.”
Reuters: BHP’s Kloppers heading to China with Rio plan – “Klopp’s decision to visit Japan and Korea before China could potentially raise eyebrows in the Chinese steel industry, which feels that as the world’s largest it should have first place at the negotiating table.”
AP: Report: China spies threaten U.S. technology – “China’s spies allow Chinese companies to get new technology “without the necessity of investing time or money to perform research.” Chinese espionage was said to be straining U.S. counterintelligence agencies and helping China’s military modernization.”
FT.com: China’s capital targets Asia’s bamboo network – Despite the lameness of the phrase ‘bamboo network’ this isn’t a bad piece
WSJ.com: Chinese Dissidents Take On Beijing Via Media Empire – That headline should read: Falungong takes on the CCP through internet broadcasts. Very long and detailed piece on Falungong activists abroad.
AFP: China’s economy 40 percent smaller than estimated: analyst – From the Carnegie Endowment, known for their bearish outlook on China in general.