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Economics & Trade This Week in China

Recommended reading

We suggest checking out the following links:

Economist American politics blog: Getting used to China – “China happens to be driving the world economy right now. As for America “legitimising” China (or not), that seems an empty conceit: The “legitimacy” of China’s government is not within America’s control.”

SCMP.com: Amvig grows with Brilliant Circle deal – “The country has about 350 million smokers, equal to the total combined populations of Russia, Germany and Japan.”

IHT: EBay returning to China – Ebay’s partnership with Tom is imminent; can it avoid failure this time?

AP: China fires back over pollution criticisms – China plays the underdog again over the issue of its CO2 emissions

WSJ: Danone Venture Woes Now Crop Up in India; Breakup May Loom – Another Danone joint venture goes sour

FT.com: Food and fuel needs compete in China – Corn reserves are down; prices and inflation are up. This is impacting China’s biofuels industry and sending shockwaves through other sectors.

FT.com: China warns IMF over renminbi – China is using the IMF to counter-pressure the US on renminbi valuation issues

FT.com: Chinese officials to run three banks – “Three senior Chinese government officials have been reassigned to head large commercial banks, in a move that revives concerns over independence in the financial sector.”

China’s police given tough new image makeover – Yahoo! News UK – Police ordered to clean themselves up – which includes not hanging out in bars and wearing their caps at a lop-sided angle

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