The Editors suggest checking out the following links:
SCMP: A different cycle – Andy Xie says Shanghai will supplant Hong Kong as a financial center because of the mainland’s massive trade surplus
YouTube: Fake cool iPhone from China – An iPhone fake from China that runs Ubuntu. Looks like they didn’t work to get Helvetica in there, though.
SCMP: Blackstone targets BlueStar stake – Blackstone’s first move in China: “Blackstone Group is in preliminary talks to buy a 30 per cent stake in China National BlueStar (Group) Corp’s chemicals business for about US$500 million”
SCMP: China High-Speed bullish on profit – A wind energy transmission company looks set for spectacular growth
WSJ: Google Clears Hurdle on China Web Content – Google gains traction with Beijing
AP: High Way: China Plans Everest Road – Another idea fueled by Olympics madness: China will build a road to Everest for the torch relay
Financial Times: China is test bed for new ad techniques – Western ad agencies are using the Chinese market as a dry run for new mobile and online advertising techniques.